Legence Announces Extension and Repricing of Term Loan along with Increase and Extension of Revolving Credit Facility
Legence Corp. - Class A Common stock (LGN)
Company Research
Source: GlobeNewswire
SAN JOSE, Calif., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Legence Corp. (Nasdaq: LGN) (“Legence” or the “Company”) today announced the amendment of its $798 million Term Loan Credit Facility, extending the maturity date by three years to December 16, 2031 and reducing the applicable interest rate to Secured Overnight Financing Rate (“SOFR”) plus 2.25%, representing a 25 basis point reduction in pricing. The Company also announced the amendment of its Revolving Credit Facility, increasing the aggregate commitment amount to $200 million from $90 million, extending the maturity date by approximately four years to September 22, 2030, and setting the applicable interest rate to SOFR plus 2.25%, in alignment with the Term Loan Credit Facility. "We are grateful for the support of lenders,” said Stephen Butz, Executive Vice President and Chief Financial Officer of Legence. “Following our recent IPO, where net proceeds were used to repay debt, we further enhanced our financial flexibility by ups
Show less
Read more
Impact Snapshot
Event Time:
LGN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LGN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LGN alerts
High impacting Legence Corp. - Class A Common stock news events
Weekly update
A roundup of the hottest topics
LGN
News
- Eight Quarter Advisors Announces Acquisition of Innovative Mechanical & Design by Legence Corp.PR Newswire
- Legence: Well-Installed From The Start [Seeking Alpha]Seeking Alpha
- Legence's Shareholders Were Well-Rewarded [Seeking Alpha]Seeking Alpha
- Legence Announces Agreement to Acquire Bowers [Yahoo! Finance]Yahoo! Finance
- Legence Reports Third Quarter 2025 Financial Results [Yahoo! Finance]Yahoo! Finance
LGN
Earnings
- 11/14/25 - Miss
LGN
Sec Filings
- 12/5/25 - Form 8-K
- 11/21/25 - Form 8-K
- 11/14/25 - Form 10-Q
- LGN's page on the SEC website