AZZ Inc. announced that on February 27, 2025, it entered into the Fifth Amendment to its existing Credit Agreement with Citibank, N.A. and its lenders. The amendment lowers the interest rate margin for Revolving Credit Loans, reduces the commitment fee, and decreases the Letter of Credit Fees, all subject to leverage ratio step-downs. The changes aim to improve the company’s financing terms.

The agreement, originally established on May 13, 2022, remains in effect with the modifications outlined in the amendment. A copy of the amendment was filed as an exhibit. The company also issued a press release on March 3, 2025, regarding the changes.