Universal Temporarily Raises Leverage Cap to 3.75x Under JPMorgan-Led Credit Agreement
Universal amended its credit agreement with JPMorgan Chase, temporarily raising its Total Net Leverage Ratio cap to 3.75x for Q3 2026 and Q4 2026, then 3.25x for Q1 2027, before reverting to 3.00x from Q2 2027. This change, effective October 9, 2026, aims to provide near-term financial flexibility. Other terms remain unchanged.

