Neogen® Announces Refinancing of Term Loan and Revolving Credit Facility
Neogen Corporation (NEOG)
Last neogen corporation earnings: 3/24 08:45 am
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US:NASDAQ Investor Relations:
neogen.com/en/investor-information
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Source: Business Wire
LANSING, Mich.--(BUSINESS WIRE)--Neogen® Corporation (NASDAQ: NEOG), an innovative leader in food safety solutions, announced today the successful refinancing of the remaining $550 million principal of its original $650 million term loan, as well as its revolving credit facility, due in August 2027.The new $450 million term loan and $250 million revolving credit facility mature in April 2030, extending the previous maturity by over two and a half years. With an upsizing of the Company’s revolving credit facility from $150 million to $250 million and an initial draw of $100 million, the refinancing represents a leverage-neutral transaction. Reflecting the Company’s favorable credit profile and supportive banking partnerships, the new term loan and revolving credit facility bear per annum interest at the Secured Overnight Financing Rate (SOFR) plus a current margin of 175 basis, representing a savings of 60 basis points.JPMorgan Chase Bank, N.A. served as Administrative Agent and Jo
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News
- Investors who lost money with shares of Neogen Corporation (NASDAQ: NEOG) should contact the Shareholders Foundation in connection with LawsuitPR Newswire
- Neogen (NASDAQ:NEOG) was upgraded by analysts at CJS Securities from a "market perform" rating to an "outperform" rating.MarketBeat
- Neogen (NASDAQ:NEOG) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Kuehn Law Encourages Investors of Neogen Corporation to Contact Law FirmGlobeNewswire
- Neogen (NASDAQ:NEOG) was downgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=NEOG&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> fMarketBeat
NEOG
Earnings
- 10/9/25 - Beat
NEOG
Sec Filings
- 12/4/25 - Form SCHEDULE
- 12/2/25 - Form 4
- 11/13/25 - Form SCHEDULE
- NEOG's page on the SEC website