IES Holdings (IESC) has amended and restated its existing Credit and Security Agreement, increasing the commitment amount of the revolving credit facility to $300M from $150M and extending the maturity date to January 21, 2030 while expanding the size of the lending group. In addition, the amended credit agreement transitions the Company to a cash flow-based facility, enabling increased borrowing capacity compared to the previous asset-based structure, where availability was limited by eligible collateral. Wells Fargo Bank, National Association acted as Administrative Agent, Wells Fargo Securities acted as Left Lead Arranger and Joint Bookrunner, and Fifth Third Bank, National Association acted as Joint Lead Arranger and Joint Bookrunner.
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