Korn Ferry signs amended credit agreement with USD 600 million term loan, USD 850 million revolver

Reuters2026/08/19 21:03

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Korn Ferry entered an amended and restated credit agreement on Aug. 18, 2026 with Wells Fargo as administrative agent.
The deal adds a USD 600 million senior secured term loan, keeps the USD 850 million senior secured revolving credit facility.
Both facilities mature five years from the effective date.
Borrowings price at Term SOFR plus 1.125%-2% or base rate plus 0.125%-1%, tied to consolidated net leverage.
It drew the full term loan to fund a redemption, support the pending AMS acquisition, pay related fees and expenses.

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. Korn Ferry published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-357084), on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Korn Ferry signs amended credit agreement with USD 600 million term loan, USD 850 million revolver

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