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0 -0.00176189277623962 0 0.00427888245658179 0.0100679587213692 0.0100679587213692 0.0100679587213692 0.0100679587213692
Stock impact report

Lincoln Educational Services Announces Increase of Credit Facility to $125 Million to Support Growth Initiatives

Lincoln Educational Services Corporation (LINC) 
Last lincoln educational services corporation earnings: 2/26 08:00 am Check Earnings Report
Company Research Source: GlobeNewswire
PARSIPPANY, N.J., April 15, 2026 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced that it has entered into an amended and restated revolving credit facility with Fifth Third Bank, National Association, as lender and as administrative agent, joint lead arranger, joint bookrunner, and Flagstar Bank, N.A., Provident Bank, and Santander Bank, N.A., as lenders and as joint lead arrangers and joint bookrunners. The credit facility, which amends and restates the Company’s prior credit facility with Fifth Third Bank, increases the aggregate principal amount from $60 million to $125 million, with a $10 million letter of credit sublimit and a $25 million accordion feature. The $65 million of additional available liquidity provided by the amended and restated credit facility enhances the Company’s financial flexibility to execute its growth initiatives and meet its long-term operating objectives. The credit facility has a term of five years and mature Show less Read more
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