Flex Ltd. entered into a credit agreement for a $3.3 billion senior term loan facility, with Citibank as administrative agent. Proceeds are intended to help fund the previously announced acquisition of EPC Power Corp. and cover related fees and expenses.
The 364-day facility closed on September 29, 2026, and was undrawn at closing.
The agreement reduces commitments under a $4.4 billion bridge facility by the same amount, dollar for dollar. Flex secured the bridge facility in September when it initially agreed to acquire EPC Power.