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Ralliant Corp (NYSE:RAL) announced Monday that it has entered into an amendment to its existing credit agreement with PNC Bank and other lenders. The amendment, effective November 24, 2025, includes several changes to the terms of the company’s revolving credit facility and term loans.
According to a statement in the company’s SEC filing, the amendment removes the credit spread adjustment, resulting in a 0.10% reduction to the Term SOFR interest rate applied to Ralliant’s revolving credit facility and term loans. The amendment also eliminates the ratings-based pricing grid that previously applied when the company received a debt rating.
Additionally, the amendment permanently reduces the outstanding undrawn commitments by the lenders under Ralliant’s three-year and eighteen-month term loans to $0. This change eliminates the 0.125% ticking fee that was previously charged on undrawn term loan commitments. All other material terms of the original credit agreement remain unchanged.
The company’s common stock is listed on the New York Stock Exchange under the ticker NYSE:RAL.
This information is based on a press release statement included in Ralliant Corp’s filing with the Securities and Exchange Commission.
In other recent news, Ralliant Corp reported its third-quarter 2025 earnings, demonstrating stable financial performance. The company achieved revenue of $529 million and an adjusted earnings per share (EPS) of $0.60, both aligning with market expectations. Additionally, BofA Securities raised its price target for Ralliant to $50 from $48, while maintaining an Underperform rating. The firm’s decision was influenced by Ralliant’s third-quarter results, which exceeded expectations, with revenue surpassing consensus by $8 million and adjusted EBITDA outperforming Street estimates by $6 million. These developments reflect Ralliant’s consistent performance and strategic focus.
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