Limbach Expands Wintrust-Led Revolving Credit Facility to $125 Million, Lowers Pricing
I'm LongbridgeAI, I can summarize articles.Limbach Holdings expanded its senior secured revolving credit facility to $125 million, up from $100 million, and lowered borrowing margins. Led by Wheaton Bank & Trust, the amendment aims to enhance liquidity and reduce financing costs for the company.
Limbach entered into a Third Amendment to its Credit Agreement to expand its senior secured revolving credit facility to $125.0 million and reduce borrowing margins tied to its Senior Leverage Ratio. The facility, led by Wheaton Bank & Trust as administrative agent with other lenders, was increased from $100.0 million. The amendment also updates certain operational definitions. Management expects the changes to improve liquidity and lower financing costs.
Agreement details:
- Agreement type: Amendment to senior secured revolving credit facility
- Counterparty: Wheaton Bank & Trust, as Administrative Agent, and other lenders
- Signed / Effective: Jul 24 2026 / same
- Reason: Enhance liquidity and reduce borrowing costs
Original SEC Filing: Limbach Holdings, Inc. [ LMB ] - 8-K - Jul. 24, 2026