Company: LGN
Filing Date: 2025-09-02
Form Type: S-1/A
Source: 0001193125-25-193346
Chunk: 309

Company: Legence Corp.
Filing Date: 2025-09-02
Form: S-1/A
Chunk 309
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,                                             
 2025                                                                 |     |   |    20,436 |
|:---------------------------------------------------------------------|:----|:--|----------:|
| 2026                                                                 |     |   |    18,350 |
| 2027                                                                 |     |   | 1,567,515 |
| 2028                                                                 |     |   |    11,132 |
| 2029                                                                 |     |   |         — |
| Total                                                                |     |   | 1,617,433 |
| Finance lease liabilities (see maturity analysis in “Note 8—Leases”) |     |   |     7,216 |
| Total debt                                                           |     | $ | 1,624,649 |

Term loan On December 16, 2020, the Company entered into a term loan agreement with Jefferies Finance LLC as the administrative agent for a group of lenders. The term loan matures on December 16, 2027, and is secured by substantially all assets of the Company, subject to customary exclusions. A portion of the term loan is held by entities associated with the Company and BX Refficiency Aggregator LP (“Sponsor”). They are subject to the same terms described below, including interest payments, principal payments and maturity. Throughout 2022, the Company drew the full amount of a $146.7 million DDTL commitment under its term loan agreement. The proceeds were used or designated to fund acquisition-related payments, and quarterly principal payments increased by 0.25% of the amount drawn. The Company paid debt issuance costs of $1.5 million related to issuing term loans on the DDTL commitment and $2.5 million related to amending the DDTL commitment. On February 27, 2023, the Company amended the term loan agreement to transition its benchmark interest from London Interbank Offered Rate (“LIBOR”) to Secured Overnight Financing Rate (“SOFR”) for an additional credit spread adjustment of 0.10%. F-43

Legence Holdings LLC and Subsidiaries

Notes to Consolidated Financial Statements

On July 31, 2023, the Company secured a $155.0 million incremental term loan, and the proceeds were
used to fund acquisition-related payments. The Company paid debt issuance costs of $3.5 million related to this incremental term loan.

On
January 19, 2024, the Company secured a $125.0 million incremental term loan, and the proceeds