Legence entered into Amendment No. 12 to its Credit Agreement, adding a $200 million incremental term loan facility. The loans, drawn in full on January 2, 2026, carry terms identical to Legence’s existing term loans. Alongside cash on hand and borrowings under its revolver, the proceeds funded acquisition cash consideration and related fees. The amendment enhances liquidity to support the closing and integration of the acquired business.
Agreement details:
- Agreement type: Amendment to Credit Agreement and $200 million incremental term loan facility
- Counterparty: Jefferies Finance, as administrative agent, and other lenders
- Signed / Effective: Jan 02 2026 / same
- Reason: Fund acquisition and related fees
Original SEC Filing: Legence Corp. [ LGN ] – 8-K – Jan. 02, 2026
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