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CSW Industrials Renews, Extends Revolving Credit Facility and Upsizes to $700 Million

1. CSWI renewed and increased its Revolving Credit Facility to $700 million. 2. The Facility is now set to mature in May 2030, offering financial flexibility. 3. CEO Joseph B. Armes emphasized growth opportunities from improved capital access. 4. Nine banks participated, with JPMorgan as the administrative agent. 5. CSWI operates in diverse markets, potentially benefiting from this financial boost.

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Why Bullish?

The credit facility extension improves CSWI’s financial flexibility, encouraging growth investments similar to past expansions that positively influenced stock performance.

How important is it?

The credit enhancement is crucial for CSWI's growth strategy, directly impacting operational capabilities and market perception.

Why Long Term?

This credit facility positions CSWI for sustainable growth opportunities over the next five years, enhancing strategic initiatives.

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JPMTFCCSWC
May 05, 2025 08:30 ET  | Source: CSW Industrials, Inc. DALLAS, May 05, 2025 (GLOBE NEWSWIRE) -- CSW Industrials, Inc. (Nasdaq: CSWI) today announced the renewal and extension of its existing Revolving Credit Facility, including an increase of the Facility’s commitment from $500 million to $700 million in partnership with a group of nine banks. The renewed Revolving Credit Facility has a five-year term and now matures in May of 2030. Joseph B. Armes, Chairman, Chief Executive Officer, and President commented, “The renewal of our Revolving Credit Facility provides us with efficient access to capital that allows the Company to be opportunistic and to act decisively on growth opportunities. I want to express my gratitude to our bank group for supporting the extension and upsizing of our Revolving Credit Facility, allowing us the opportunity to continue delivering above market growth.” JPMorgan Chase Bank, N.A. will serve as administrative agent. JPMorgan Chase Bank, N.A. and Truist Bank acted as the joint lead arrangers and joint bookrunners. About CSW IndustrialsCSW Industrials is a diversified industrial growth company with industry-leading operations in three segments: Contractor Solutions, Specialized Reliability Solutions, and Engineered Building Solutions. The Company provides niche, value-added products with two essential commonalities: performance and reliability. The primary end markets we serve with our well-known brands include: HVAC/R, plumbing, electrical, general industrial, architecturally-specified building products, energy, mining, and rail transportation. For more information, please visit www.cswindustrials.com.  Investor Relations Alexa HuertaVice President Investor Relations, & Treasurer 214-489-7113 alexa.huerta@cswindustrials.com

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