Company: LGN
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0002052568-25-000018
Chunk: 72

Company: Legence Corp.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 72
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2026$337,5003.3750%January 31, 2024December 31, 2026$110,000 — $140,0004.0433%December 31, 2026December 31, 2027$200,0003.2480%December 31, 2026December 31, 2027$200,0003.2480%(1)The interest rate swaps with effective dates of December 31, 2026 were added during July 2025 and are not included in the notional amount as of September 30, 2025.(2)For interest rate swaps with ranges, the notional amount is $140,000 from January 31, 2024 to September 14, 2025 and $110,000 from September 15, 2025 to December 31, 2026, due to a $30.0 million reduction in notional amount in connection with the debt prepayment on September 15, 2025.(3)Payments will be made to the Company if the one-month SOFR exceeds the fixed interest rates for the respective interest rate swaps.The following table provides additional details related to the interest rate swap agreements that were in effect as of December 31, 2024 (notional in thousands):Effective DateMaturity DateNotional Amount (1)Fixed Interest Rate (2)February 28, 2023January 31, 2025$350,0000.8325%February 28, 2023January 31, 2025$109,0001.1740%February 28, 2023January 31, 2025$109,0001.1732%February 28, 2023December 31, 2026$53,500 —$337,5003.4396%February 28, 2023December 31, 2026$53,500 —$337,5003.3750%January 31, 2024December 31, 2026$140,0004.0433%(1)For interest rate swaps with ranges, the notional amount is $53,500 from January 31, 2023 to January 31, 2025 and $337,500 from February 1, 2025 to December 31, 2026.(2)Payments will be made to the Company if the one-month SOFR exceeds the fixed interest