Target Hospitality Amends Credit Agreement to Increase Flexibility for 2026 Capital Projects

Reuters
2025.12.29 11:46
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Target Hospitality Corp. has amended its ABL Credit Agreement with Bank of America and other lenders, allowing for greater flexibility in capital expenditures for 2026 growth projects. The amendment, effective December 23, 2025, revises the Consolidated Fixed Charge Coverage Ratio covenant, and the company remains compliant with all financial covenants under the new agreement.