HOUSTON--(BUSINESS WIRE)--Comfort Systems USA, Inc. (NYSE: FIX), a leading provider of mechanical services including heating, ventilation, air conditioning, plumbing, piping and controls, today announced that it has amended its existing senior debt facility to increase the credit commitment amount to $400,000,000 and to extend the term to April 18, 2023. Wells Fargo Bank, National Association will serve as Administrative Agent for the facility. BOKF NA, dba Bank of Texas, N.A. and Capital One, N.A. were named Co-Syndication Agents, and Branch Banking and Trust Company was named Documentation Agent.

Brian Lane, Comfort Systems USA’s President and Chief Executive Officer, said, “We are very pleased that our lenders have graciously provided us with additional capacity and flexibility as we continue to seek opportunities to return value to our stockholders. The facility complements our strong balance sheet and continues to provide an advantage in an industry where owners and general contractors value partners with strong financial foundations.”

The credit commitment under the facility has increased from $325,000,000 to $400,000,000, and the facility has a new five-year term. The facility continues to provide advantageous credit costs, reasonable covenants, and overall flexibility for the Company. This amendment also includes additional flexibility with respect to acquisitions, dividends and stock buybacks.

Mr. Lane concluded, “This long-term facility will support our operations, fund continued future investment and strengthen our ability to return cash to our stockholders.”

Comfort Systems USA® is a premier provider of business solutions addressing workplace comfort, with 118 locations in 105 cities around the nation. For more information, visit the Company’s website atwww.comfortsystemsusa.com.