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Kadant Expands Credit Facility with Eighth Amendment

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Kadant Expands Credit Facility with Eighth Amendment

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Kadant ( (KAI) ) has issued an announcement.

On September 26, 2025, Kadant Inc. entered into an Eighth Amendment to its Amended and Restated Credit Agreement with several banks and financial institutions, including Citizens Bank, N.A. This amendment increases the revolving loan commitments from $400 million to $750 million, extends the maturity date of the credit facility to September 26, 2030, and makes several other adjustments, such as adding Australian Dollars as a foreign currency and increasing various sublimits. These changes are expected to enhance Kadant’s financial flexibility and support its operational and strategic initiatives.

The most recent analyst rating on (KAI) stock is a Buy with a $380.00 price target. To see the full list of analyst forecasts on Kadant stock, see the KAI Stock Forecast page.

Spark’s Take on KAI Stock

According to Spark, TipRanks’ AI Analyst, KAI is a Neutral.

Kadant’s overall stock score reflects solid financial performance and efficient cash flow management, which are the most significant strengths. Technical indicators suggest mild bullish momentum, but high valuation metrics and challenges highlighted in the earnings call, such as revenue decline and global trade impacts, weigh on the score.

To see Spark’s full report on KAI stock, click here.

More about Kadant

Average Trading Volume: 111,918

Technical Sentiment Signal: Sell

Current Market Cap: $3.47B

For an in-depth examination of KAI stock, go to TipRanks’ Overview page.

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