Universal Technical Institute signs USD 200 million revolving credit facility with Fifth Third-led bank group
PUBT · 2d ago
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- Universal Technical Institute entered a new revolving credit agreement with a bank syndicate led by Fifth Third Bank.
- Senior secured revolving credit facility set at USD 200 million, replacing the prior USD 125 million facility.
- Includes USD 15 million swingline sublimit, letters of credit capacity raised to USD 75 million from USD 20 million.
- Provides up to USD 75 million of uncommitted incremental facilities, including incremental term facilities or an expanded revolver.
- Five-year term scheduled to expire in August 2031.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Universal Technical Institute Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: LA28270) on August 18, 2026, and is solely responsible for the information contained therein.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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