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Modine Secures New Credit Agreement for Financial Flexibility

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Modine Secures New Credit Agreement for Financial Flexibility

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The latest update is out from Modine ( (MOD) ).

On July 10, 2025, Modine Manufacturing Company entered into a Sixth Amended and Restated Credit Agreement, which extends its existing credit facilities and introduces a $400 million revolving credit facility and a $200 million term loan facility, both maturing on July 10, 2030. This agreement includes revised covenants and restructuring provisions, reflecting Modine’s strategic focus on financial flexibility and operational restructuring, particularly concerning its Performance Technologies segment’s automotive business exit.

The most recent analyst rating on (MOD) stock is a Buy with a $125.00 price target. To see the full list of analyst forecasts on Modine stock, see the MOD Stock Forecast page.

Spark’s Take on MOD Stock

According to Spark, TipRanks’ AI Analyst, MOD is a Outperform.

Modine’s strong financial performance and strategic acquisitions support a positive outlook, despite technical challenges and high valuation. The company’s robust earnings guidance and strategic focus on growth segments contribute positively, while risks in certain segments and market conditions temper the overall score.

To see Spark’s full report on MOD stock, click here.

More about Modine

Modine Manufacturing Company operates within the manufacturing industry, focusing on providing thermal management solutions. The company is involved in producing products such as heat exchangers and HVAC systems, with a market focus on enhancing energy efficiency and sustainability.

Average Trading Volume: 965,799

Technical Sentiment Signal: Hold

Current Market Cap: $4.81B

Learn more about MOD stock on TipRanks’ Stock Analysis page.

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