Brief: Limbach Holdings Says Co Entered Into A $65 Mln Senior Secured Credit Facility

Limbach Holdings

12/04/2019 14:05

April 12 (Reuters) - Limbach Holdings Inc  LMB.O :
    * LIMBACH HOLDINGS ANNOUNCES SUCCESSFUL COMPLETION OF DEBT
REFINANCING
    * LIMBACH HOLDINGS INC - ENTERED INTO A $65 MILLION SENIOR
SECURED
CREDIT FACILITY
    * LIMBACH HOLDINGS INC - CLOSING OF A $15 MILLION SENIOR
SECURED
ABL REVOLVING CREDIT FACILITY WITH CITIZENS BANK, N.A.
    * LIMBACH HOLDINGS INC - $65 MILLION FACILITY IS COMPRISED
OF A
$40 MILLION TERM LOAN AND $25 MILLION DELAYED DRAW TERM LOAN
    * LIMBACH HOLDINGS INC - $40 MILLION TERM LOAN WILL
REFINANCE
EXISTING INDEBTEDNESS
    * LIMBACH HOLDINGS INC - $25 MILLION DELAYED DRAW TERM LOAN
TO BE
USED TO FINANCE POTENTIAL ACQUISITIONS

Source text for Eikon:  ID:nBwNrv6ra 
Further company coverage:  LMB.O 

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