09:26 AM EDT, 10/25/2024 (MT Newswires) -- Allient ( ALNT ) said Friday it has amended its 2024 credit facilities through 2025 and executed a new interest rate swap deal.

The amended credit facilities allow the company up to $4 million in acquisition, business retention, restructuring, integration, and realignment costs to be included in its EBITDA calculation during any trailing 12-month period, Allient ( ALNT ) said.

The company also said the new interest rate swap agreement, effective from Sept. 30, hedges $50 million of its debt over a three-year period.