{"url_path":"/sec/fps/8-k/2026-06-26/item-1-01","section_key":"item-1-01","section_title":"Item 1.01 Entry into a Material Definitive Agreement.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-26","source_url":"https://www.sec.gov/Archives/edgar/data/2080126/0001193125-26-283773-index.html","accession_number":"0001193125-26-283773","cik":"0002080126","ticker":"FPS","issuer_name":"Forgent Power Solutions, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/2080126/0001193125-26-283773-index.html","primary_entity_key":"0002080126","primary_entity_name":"Forgent Power Solutions, Inc."},"word_count":408,"has_tables":true,"body_markdown":"Item 1.01 Entry into a Material Definitive Agreement.\n\nOn June 23, 2026, Forgent Power LLC (the “Parent Borrower”), a subsidiary of Forgent Power Solutions, Inc. (the “Company”), entered into that certain Amendment No. 1 (“Amendment No. 1”) to its Credit Agreement, dated as of December 19, 2025 (the “Existing Credit Agreement”; as amended by Amendment No. 1, the “Amended Credit Agreement,” and the credit facilities thereunder, the “Senior Credit Facilities”), by and among Forgent Intermediate III LLC, Parent Borrower, the other borrowers party thereto, the subsidiary guarantors party thereto, the lenders and issuing banks from time to time thereto, and Jefferies Finance LLC, (the “Administrative Agent”).\n\nPursuant to Amendment No. 1, (a) the initial term loans outstanding under the Existing Credit Agreement as of the Amendment No. 1 Effective Date (as defined in Amendment No. 1) were refinanced with Amendment No. 1 Refinancing Term Loans (as defined in Amendment No. 1) in an aggregate principal amount of $600,000,000 at a reduced applicable interest rate margin and (b) the applicable interest rate margin on the existing revolving credit commitments under the Existing Credit Agreement was reduced (the “Revolver Repricing Amendment”). The existing term lenders were offered the option to participate in the refinancing either through a cashless conversion of their existing term loans into a like principal amount of Amendment No. 1 Refinancing Term Loans or, alternatively, to have their existing term loans prepaid from the proceeds of the Amendment No. 1 Refinancing Term Loans funded by new and existing lenders. Following the effectiveness of Amendment No.1, the Senior Credit Facilities will bear interest based on, at the option of the Parent Borrower, (1) a “base rate” (defined as the highest rate of: (a) the Federal Funds Rate plus 0.5%, (b) the one-month Term SOFR, a forward-looking interest rate benchmark derived from the secured overnight financing rate as administered by the Federal Reserve Bank of New York (after giving effect to a 0.00% per annum floor), plus 1% per annum, and (c) the prime rate) plus a margin of 1.25% per annum or (2) Term SOFR, subject to a 0.00% per annum floor for the applicable interest period, plus a margin of 2.25% per annum.\n\nThe foregoing description of Amendment No. 1 does not purport to be complete and is qualified in its entirety by the terms and conditions of Amendment No. 1, a copy of which is filed as Exhibit 10.1 hereto and is incorporated herein by reference."}