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0.0397022332506204 0 -0.0173697270471464 -0.0272952853598015 0.00496277915632744 0.00744416873449138 -0.0006699751861042 -0.00496277915632766
Stock impact report

Limbach Holdings Provides Update on Refinancing

Limbach Holdings, Inc. (LMB) 
Last limbach holdings, inc. earnings: 11/14 05:03 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.limbachinc.com
Company Research Source: Business Wire
Company Announces Amended Agreement with Current Bank Group PITTSBURGH--(BUSINESS WIRE)-- Limbach Holdings, Inc. (Nasdaq: LMB) (“Limbach” or the “Company”) today announced the Company has successfully amended the terms of its credit agreement with its existing bank group, led by Fifth Third Bank (“Fifth Third”) as Administrative Agent, Lender and L/C Issuer and the other Lenders party thereto. As part of the amended agreement, the lenders agreed to a waiver of the Company’s previously disclosed non-compliance with the senior leverage and fixed charge coverage ratio requirements under its existing Credit Agreement. Pursuant to the waiver agreement, Limbach and the bank group have agreed to, among other things, (i) reduce the Lenders’ $25.0 million commitment under the Company’s revolving credit facility (the “Credit Agreement revolver”) to $22.5 million on December 31, 2018 and $20.0 million on Ja Show less Read more
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