---
title: "Core Molding Technologies Doubles Revolver to $50M, Adds $50M Delayed Draw Term Loan in 5-Year Extension"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291979775.md"
description: "Core Molding Technologies amended its credit agreement to enhance liquidity and reduce borrowing costs. The revision doubles the revolving credit facility to $50 million, adds a $50 million delayed draw term loan, and extends the maturity by five years. Additionally, the applicable margin was reduced to 125–200 basis points, and restricted payments were capped at $10 million for fiscal years 2026 and 2027."
datetime: "2026-07-07T21:23:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291979775.md)
  - [en](https://longbridge.com/en/news/291979775.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291979775.md)
generator: "portal-rs"
---

# Core Molding Technologies Doubles Revolver to $50M, Adds $50M Delayed Draw Term Loan in 5-Year Extension

Core Molding Technologies entered into a Third Amendment to its Credit Agreement to expand liquidity and lower borrowing costs. The amendment increases the revolving credit commitment to $50 million, adds a $50 million delayed draw term loan facility, and reduces the applicable margin to 125–200 bps based on leverage. It also extends maturity for five years, refines EBITDA definitions for specified relocation and retirement costs, and limits restricted payments to $10 million in fiscal years 2026 and 2027.

**Agreement details:**

-   **Agreement type**: Amended credit agreement with expanded revolver and delayed draw term loan
-   **Counterparty**: Huntington National Bank, as administrative agent, and other lenders
-   **Signed / Effective**: Jul 02 2026 / same
-   **Duration / Termination**: 5 years
-   **Reason**: Increase liquidity and reduce borrowing costs

Original SEC Filing: CORE MOLDING TECHNOLOGIES INC \[ CMT \] - 8-K - Jul. 07, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**