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Core Molding extends credit facility to 2031 with $100 million loan, revolver package

PUBT
Jul 7, 2026 at 12:05 PM
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Core Molding Technologies has amended and extended its credit facility, extending maturities to 2031. The $100 million package consists of a $50 million delayed draw term loan and a $50 million revolving credit facility. Borrowings are priced at SOFR plus 1.5% to 3.75%, based on leverage ratios. The covenant-light structure aims to enhance financial flexibility for future investments and acquisitions.

  • Core Molding Technologies amended and extended its credit agreement, pushing maturities out to 2031. * Facility includes a USD 50 million delayed draw term loan, a USD 50 million revolving credit facility. * Borrowings priced at SOFR plus 1.5% to 3.75%, tied to leverage ratio. * Covenant-light structure, aimed at boosting financial flexibility for investment and acquisitions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Core Molding Technologies Inc. published the original content used to generate this news brief on July 07, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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Core Molding Tech

Core Molding Tech

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