Janus Living, Inc. Amends Credit Agreement, Boosts Revolver to $1.25B

What Happened
Janus Living, Inc. filed an 8-K on September 17, 2026 (reported under Item 1.01 and Item 2.03) disclosing an amendment and restatement of its March 23, 2026 credit agreement. The amended Credit Agreement with Bank of America, N.A. as administrative agent increases the company’s revolving credit facility from $500 million to $1.25 billion. The amendment also terminates a previously outstanding $100 million delayed-draw term loan under the original agreement.

Key Details

• Amended and restated Credit Agreement dated September 17, 2026 (original agreement dated March 23, 2026).
• Revolving Credit Facility increased from $500 million to $1.25 billion.
• Company may increase the revolver and/or add incremental term loans so long as total Revolving Facility + incremental term loans do not exceed $1.75 billion, subject to customary requirements and additional lender commitments.
• The $100 million delayed-draw term loan that was outstanding under the Original Credit Agreement was terminated as part of the amendment.
• Bank of America, N.A. serves as administrative agent; amended agreement filed as Exhibit 10.1 (certain schedules/exhibits omitted from public filing).

Why It Matters
The amendment materially increases Janus Living’s available liquidity and financial flexibility by more than doubling the revolver to $1.25 billion and providing headroom (up to $1.75 billion total with incremental loans) if additional lender commitments are obtained. This affects the company’s financing capacity for operations, growth initiatives, or refinancing needs and creates a direct financial obligation under the amended facility. Investors should review the filed Credit Agreement (Exhibit 10.1) for details on covenants, interest rates, maturity, and other terms that can affect credit costs and financial risk.