MODINE MANUFACTURING CO 8-K

What Happened Modine Manufacturing Company announced on its Form 8‑K (filed Dec 29, 2025) that it entered Amendment No. 1 to its Sixth Amended and Restated Credit Agreement (dated July 10, 2025). The amendment, effective December 23, 2025, increases the aggregate revolving commitments under the credit facility from $400.0 million to $550.0 million and was entered into with its lenders and JPMorgan Chase Bank, N.A. as administrative agent. Airedale International Air Conditioning Limited is a co‑borrower under the agreement.

Key Details

• Revolving commitments raised by $150.0 million: from $400.0M to $550.0M (Amendment dated Dec 23, 2025).
• Expansion option modified to permit up to $250.0M of future incremental revolving commitments and incremental term loans.
• The Amendment allows the company, in specified circumstances and at its expense, to require a lender to assign its loans/commitments to an eligible assignee acceptable to the administrative agent (subject to payment in full of the lender’s outstanding amounts).
• JPMorgan Chase Bank, N.A. remains administrative agent; the full Amendment is filed as Exhibit 4.1 to the 8‑K.

Why It Matters The amendment increases Modine’s committed liquidity by $150M and expands the potential to add another $250M in future financing, giving the company greater borrowing flexibility to support operations, working capital or strategic needs. The new assignment right may help the company manage its lender group or replace lenders under certain conditions. Investors should view this as a financing flexibility development rather than an operational or earnings disclosure; the filing does not report changes to results or executive leadership.