Everforth, Inc., a leading technology and digital engineering firm, announced today that the Company has successfully completed the refinancing and upsizing of its $500 million Revolving Credit Facility ("Revolver"), with a new five-year $600 million facility, extending the maturity date from 2028 to 2031. Borrowings under the new facility are priced at SOFR plus 175 to 275 basis points, with a commitment fee of 30 to 45 basis points on the undrawn portion.
Everforth upsizes credit facility from $500M to $600M.
New five-year facility extends maturity from 2028 to 2031.
Priced at SOFR plus 175-275 basis points based on leverage levels.
Commitment fee of 30-45 basis points on undrawn portion.
Refinances existing $500M Revolver and $100M Term Loan A.
Led by Wells Fargo, Truist, BofA Securities, and JPMorgan Chase.
Ted Hanson, Chief Executive Officer of Everforth, Inc., stated: "The successful refinancing and upsizing of our credit facility reflects the strength of our balance sheet, the durability of our free cash flow generation, and confidence in Everforth's long-term growth strategy. With enhanced financial flexibility and a disciplined approach to capital allocation, we are well positioned to support future growth while continuing to deploy capital in the best interests of our stockholders."
The new facility, which is leverage neutral, will be used to refinance the existing $500 million Revolving Credit Facility and $100 million Term Loan A. The refinancing transaction was led by Wells Fargo Securities, LLC, Truist Securities, Inc., BofA Securities, Inc. and JPMorgan Chase Bank, N.A. The enhanced financial flexibility supports the company's long-term growth strategy and capital allocation priorities.
Everforth also announced today that it will host its second quarter 2026 conference call on Wednesday, July 29, 2026, at 4:30 p.m. ET. The Company's financial results and prepared remarks will be posted to its website prior to the call. The dial-in number is 877-407-0792 (+1-201-689-8263 outside the US), Conference ID 13760713. A replay will be available from July 29 to August 12, 2026.
About Everforth, Inc.
Everforth, Inc. is a leading technology and digital engineering company that helps organizations adapt, innovate, and thrive in a world of constant change. Our six solution areas — AI and data, cloud and infrastructure, application and digital engineering, experience, cybersecurity, and enterprise platforms — accelerate time to value for our commercial and federal clients. Powered by proprietary assets, accelerators, and proven expertise, Everforth turns complexity into progress and delivers measurable outcomes.
