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Limbach Holdings Boosts Credit Flexibility and Shares Growth Plans

Limbach Holdings Boosts Credit Flexibility and Shares Growth Plans

Limbach Holdings (LMB) just unveiled an update.

Limbach Facility Services and its loan parties have amended their credit agreement with Wintrust, enhancing their financial flexibility by doubling their letters of credit sublimit to $10 million, easing the requirements for providing a Borrowing Base Certificate, and removing certain financial covenants. Additionally, the company is sharing an Investor Presentation detailing its current operations, strategic plans, and growth outlook to engage with current and potential investors. This presentation is part of ongoing communications and includes forward-looking statements, with the full document available in their latest SEC filings.

Learn more about LMB stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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