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Limbach Holdings signs USD 300 million credit facility with PNC Bank

PUBT·09/09/2026 13:10:52
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Limbach Holdings signs USD 300 million credit facility with PNC Bank
  • Limbach Holdings entered a new credit agreement with PNC Bank on Sept. 9, 2026, replacing its Wintrust credit facility.
  • Facility totals up to USD 300 million, including a USD 200 million revolver, a USD 50 million term loan, a USD 50 million delayed-draw term loan.
  • Agreement matures Sept. 9, 2031; pricing set at base rate plus 0.5%-1.5% or term SOFR plus 1.5%-2.5%.
  • Proceeds repaid about USD 118.1 million outstanding under the terminated Wintrust revolving facility; no early termination penalties disclosed.
  • Covenants include max net leverage of 3.0x, minimum fixed charge coverage of 1.15x; leverage cap can rise to 3.5x post-acquisition.


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. Limbach Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-061042), on September 09, 2026, and is solely responsible for the information contained therein.