Bowman Closes On $100 Million Revolving Credit Agreement
Bowman Consulting Group Ltd. (BWMN)
Company Research
Source: Business Wire
RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (“Bowman” or “the Company”) (NASDAQ: BWMN), today announced it entered into a $100 million aggregate revolving credit agreement with Bank of America, N.A, as Administrative Agent, and TD Bank, N.A., as Syndication Agent (the “Credit Agreement”). With a five-year term, the Credit Agreement replaces the Company’s $70 million revolving line of credit with Bank of America. The general provisions of the Credit Agreement are similar to the predecessor credit facility.“This expanded credit facility reflects our long-term partnership with Bank of America and adds a new relationship in TD Bank,” said Gary Bowman, Chief Executive Officer. “The new facility further secures our ability to access capital as we continue to execute on our strategic growth initiative.”The Company will discuss the Credit Agreement in more detail at its upcoming earnings conference call on May 7, 2024, at 9am ET.About Bowman Consulting Group Ltd.Headquarter
Show less
Read more
Impact Snapshot
Event Time:
BWMN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BWMN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BWMN alerts
High impacting Bowman Consulting Group Ltd. news events
Weekly update
A roundup of the hottest topics
BWMN
News
- Bowman Awarded Contract from ADOT for ASU Tempe Pedestrian Grade Separated Crossing [Yahoo! Finance]Yahoo! Finance
- Bowman Awarded Contract from ADOT for ASU Tempe Pedestrian Grade Separated CrossingBusiness Wire
- Bowman Adds Vijay Agrawal as Executive Vice President, National Ports & Harbors Practice [Yahoo! Finance]Yahoo! Finance
- Bowman Adds Vijay Agrawal as Executive Vice President, National Ports & Harbors PracticeBusiness Wire
- We Think Some Shareholders May Hesitate To Increase Bowman Consulting Group Ltd.'s (NASDAQ:BWMN) CEO Compensation [Yahoo! Finance]Yahoo! Finance
BWMN
Earnings
- 5/6/24 - Beat
BWMN
Sec Filings
- 5/16/24 - Form 4
- 5/15/24 - Form 4
- 5/15/24 - Form 4
- BWMN's page on the SEC website