Generac Holdings, Inc. announced on July 3, 2024, Generac Holdings, Inc., Generac Acquisition Corp. and Generac Power Systems, Inc., amended that certain Credit Agreement, dated as of February 9, 2012 (as amended and/or restated, supplemented, or otherwise modified from time to time, the credit agreement) (such amendment, the 2024 Term Loan Amendment) among a syndicate of lenders and JPMorgan Chase Bank, N.A. acting as administrative agent for the lenders. Among other things, the 2024 Term Loan Amendment: Amends and replaces the existing term loan B credit facility with a new term loan B credit facility (the 2024 New Term Loan) that, after giving effect to a $30 million cash payment made in connection with the closing of the 2024 Term Loan Amendment, has an aggregate outstanding principal amount of $500 million on the closing date; Establishes a maturity date for the 2024 New Term Loan of July 3, 2031; and Eliminates a credit spread adjustment in the existing term loan B credit facility that was associated with the transition from LIBOR to SOFR as the benchmark rate for the credit agreement.