- MasterBrand and certain subsidiaries entered into a second amendment to an amended and restated credit agreement with JPMorgan Chase Bank as administrative agent and the lenders party to it.
- The amendment adds a new pricing category for the margin over the base reference rate on loans under the credit agreement.
- It also changes the thresholds for the net leverage ratio covenant and the minimum interest coverage ratio covenant until, but excluding, the earlier of Jan. 1, 2027 or the effective date of MasterBrand’s merger with American Woodmark.
- The amendment did not materially change the existing representations and warranties, or the affirmative and restrictive covenants in the credit agreement.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MasterBrand Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-26-011363), on March 26, 2026, and is solely responsible for the information contained therein.