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4 stories mentioning LGNUpdated 18d ago

Every FINWIRES story that references LGN, newest first.

Wire

Legence Reprices $995 Million Term Loan Credit Facility

Legence (LGN) said Thursday it has amended its $995 million term loan credit facility, reducing the applicable interest rate to the secured overnight financing rate plus 2.00%, representing a 25 basis point reduction.Legence said the rate will drop further, to SOFR plus 1.75%, if it receives a one notch upgrade to its corporate credit rating from either major credit rating agency.The amendment also provides for a reset of the 6-month 101% soft call protection applicable to certain repricing transactions, the company said.Legence shares were down more than 3% in Thursday trading.Price: $83.91, Change: $-4.09, Percent Change: -4.65%

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Wire

Tigress Adjusts Price Target on Legence to $125 From $85, Maintains Buy Rating

Legence (LGN) has an average rating of buy and mean price target of $102.11, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $78.92, Change: $-4.39, Percent Change: -5.27%

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Research

Loop Capital Initiates Legence Corp at Buy

Legence Corp. Class A (LGN) has an average rating of buy and mean price target of $75.21, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

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Wire

Tigress Adjusts Price Target on Legence to $85 From $60, Maintains Buy Rating

Legence (LGN) has an average rating of buy and mean price target of $64.67, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $67.88, Change: $-1.66, Percent Change: -2.39%

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