Everforth upsizes credit facility to $600M, extends maturity to 2031
What's the deal? EverforthDealroom has a profile for this one. Try Dealroom →, Inc. (NYSE: EFOR) has completed the refinancing and upsizing of its revolving credit facility, replacing a $500 million line with a new five-year, $600 million facility. The move pushes the maturity date out from 2028 to 2031.
Who's involved? The refinancing was led by Wells Fargo SecuritiesDealroom has a profile for this one. Try Dealroom →, LLC, Truist SecuritiesDealroom has a profile for this one. Try Dealroom →, Inc., BofA SecuritiesDealroom has a profile for this one. Try Dealroom →, Inc., and JPMorgan Chase Bank, N.A.
What's the money for? The leverage-neutral facility will refinance the company's existing $500 million revolving credit facility and a $100 million Term Loan A. Borrowings are priced at SOFR plus 175 to 275 basis points, with a commitment fee of 30 to 45 basis points on the undrawn portion.
What does Everforth do? The technology and digital engineering firm serves commercial and federal clients across six areas, including AI and data, cloud and infrastructure, cybersecurity, and enterprise platforms.
Why now? Chief Executive Officer Ted Hanson tied the deal to the company's finances, saying it reflects "the strength of our balance sheet, the durability of our free cash flow generation, and confidence in Everforth's long-term growth strategy." He said the added flexibility positions the company "to support future growth."
Everforth will report second-quarter 2026 results on July 29, 2026.
The signal: At $600 million, the facility ranks among the larger debt deals tracked — landing in the top few percent by size. For Everforth, the upsizing and extended runway signal lender confidence, giving it room to fund growth and manage capital without near-term refinancing pressure.
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