Mohawk Industries extends senior credit facility by one year to 2022

By Marisa Wong

Morgantown, W.Va., March 13 – Mohawk Industries, Inc. entered into an agreement on Friday to extend the term of its existing $1.8 billion senior amended and restated credit facility, according to an 8-K filing with the Securities and Exchange Commission.

The agreement extends the maturity date to March 26, 2022 from March 26, 2021 for all but $105 million of the total amount committed under the credit facility.

The company entered into the credit facility on March 26, 2015 with Wells Fargo Bank as administrative agent.

Mohawk, a maker of floor covering products, is based in Calhoun, Ga.

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