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Ferguson PLC ( (FERG) ) has issued an announcement.
On April 2, 2025, Ferguson Enterprises Inc. entered into a new revolving credit agreement with Ferguson UK Holdings Limited and other parties, establishing a $1.5 billion unsecured credit facility maturing in 2030. This agreement allows for potential increases up to an additional $500 million depending on lender commitments and includes various interest rate options and covenants. Concurrently, Ferguson terminated its previous $1.35 billion multicurrency revolving facility, with no outstanding borrowings at the time of termination.
More about Ferguson PLC
YTD Price Performance: -9.33%
Average Trading Volume: 65,108
Technical Sentiment Signal: Buy
Current Market Cap: £24.47B
For a thorough assessment of FERG stock, go to TipRanks’ Stock Analysis page.
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