Natural Gas Services Group Bolsters Financial Standing and Flexibility
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Natural Gas Services Group Bolsters Financial Standing and Flexibility

An update from Natural Gas Services Group (NGS) is now available.

Natural Gas Services Group, Inc. has successfully amended its credit agreement, resulting in an increased lender commitment from $225 million to $300 million, adjustments to the leverage ratio covenant, and the addition of Zions Bancorporation as a new lender. This strategic financial move, aimed at enhancing the company’s borrowing capacity and flexibility, was announced in a recent press release, signaling a positive step for the company and its stakeholders in the financial markets.

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

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