Everforth upsizes revolving credit facility to $600 million

Everforth, Inc. (NYSE: EFOR) has completed the refinancing and upsizing of its revolving credit facility, replacing a $500 million revolver with a new $600 million five-year facility, according to a press release from the Richmond, Va.-based company.

The new facility extends the maturity date from 2028 to 2031. Borrowings are priced at the Secured Overnight Financing Rate (SOFR) plus 175 to 275 basis points, depending on secured leverage borrowing levels. A commitment fee of 30 to 45 basis points is payable on the undrawn portion of the facility.

The new facility is described as leverage neutral and will be used to refinance the existing $500 million revolving credit facility and a $100 million Term Loan A. Wells Fargo Securities, Truist Securities, BofA Securities, and JPMorgan Chase Bank led the transaction.

"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," said Chief Executive Officer Ted Hanson.

Everforth also announced it will host its second quarter 2026 earnings conference call on July 29, 2026, at 4:30 p.m. ET.

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