PLEXUS CORP (PLXS) Form 8-K — Jun 8, 2026
Plexus Corp. entered into a Second Amended and Restated Credit Agreement on June 5, 2026, replacing its previous credit agreement dated June 9, 2022. The new facility provides a revolving credit commitment of $500 million, with an option to increase the commitment by an additional $250 million to a total of $750 million. The agreement matures on June 5, 2031, and includes financial covenants requiring an interest coverage ratio of at least 3.00 to 1.00 and a leverage ratio of no more than 3.50 to 1.00.
Key figures
- Debt Amount
- 500000000
- Max commitment option
- 750000000
- Leverage ratio maximum
- 3.50 to 1.00
- Unused commitment fee range
- 10-25 basis points
- Cash exclusion from leverage
- 150000000
- Interest coverage ratio minimum
- 3.00 to 1.00
- Leverage ratio acquisition exception
- 4.25 to 1.00
Price after filing
Close on the filing date to close N calendar days later (from $282.29). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.