WORTHINGTON ENTERPRISES, INC.
For the period ended Aug 31, 2026. Filed Aug 31, 2026.
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Aug 31, 2026 · Filed Aug 31, 2026
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Facility Fees
We agreed to pay (i) a facility fee on the commitments of the Lenders under the Fifth Amended and Restated Credit Agreement and (ii) a participation fee in connection with outstanding letters of credit (if any) under the Fifth Amended and Restated Credit Agreement, in each case, at a rate determined by our consolidated total leverage ratio on the date of any such determination. As of the Effective Date, the facility fee rate was 12.5 basis points and the participation fee rate was 112.5 basis points. We are also obligated to pay under the Fifth Amended and Restated Credit Agreement a customary fronting fee of 0.125% of the face amount of each letter of credit issued from time to time under the Fifth Amended and Restated Credit Agreement, as well as usual and customary administrative and syndication fees.
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