Nov. 18 at 9:14 PM
$KMT BALANCE SHEET UPDATE: The 2030 Runway 🛡️💰
Significant filing just hit: Kennametal secured a
$650M unsecured credit facility, locking in liquidity through 2030.
The Setup:
1️⃣ Institutional Confidence: Unsecured terms signal strong backing from lenders.
2️⃣ Risk Removed: Refinancing risk is eliminated for the next 5 years.
3️⃣ Capital Structure: Solidifies the foundation without equity dilution.
Management just bought themselves massive flexibility. The balance sheet is fortified. 🐂
Source 👉 https://wiseek.ai/ticker/kmt/kennametal-secures-650m-unsecured-credit-facility-extending-maturity-to-2030-000119312525286159/
#KMT #Industrial #CreditMarkets #DueDiligence #Stocks