On February 24, 2026, Gentherm Incorporated entered into that certain First Amendment to Second Amended and Restated Credit Agreement with the lenders party thereto and Bank of America, N.A., as administrative agent, which First Amendment amends that certain Second Amended and Restated Credit Agreement, dated as of June 10, 2022, by and among Gentherm, as a borrower, the other borrowers from time to time party thereto, the lenders from time to time party thereto and the Administrative Agent. The First Amendment, among other things, (i) permits the transactions contemplated by that certain Agreement and Plan of Merger, dated as of January 29, 2026, by and among Modine Manufacturing Company, Platinum SpinCo Inc., Gentherm and Platinum Gold Merger Sub Inc. and that certain Separation Agreement, dated as of January 29, 2026, by and among Modine, Gentherm and SpinCo, (ii) permits the incurrence, issuance or assumption of up to $400 million of additional term indebtedness in connection with the Transactions, subject to customary terms and conditions, (iii) releases and/or removes certain borrower and guarantor entities that no longer exist or will be liquidated and (iv) removes the credit spread adjustments related to SOFR and SONIA rates.
Gentherm Incorporated Enters into First Amendment to Second Amended and Restated Credit Agreement
Published on 02/27/2026 at 04:15 pm EST

















