RB Global Secures New $2.3 Billion Credit Agreement to Strengthen Financial Flexibility

RB Global, Inc. has entered into an amended and restated credit agreement totaling approximately $2.3 billion, replacing its 2016 credit facility. The updated agreement includes $1.3 billion in multi-currency revolving credit and a $950 million USD and CAD$102.5 million term loan A facility, both maturing in April 2030. The facility offers flexible borrowing terms across multiple currencies and includes provisions to ease collateral requirements upon improved credit ratings. The agreement requires RB Global to maintain a consolidated leverage ratio of 4.00 to 1.00, with a potential temporary adjustment following acquisitions.