DBM Global Inc. has announced an amendment and restatement of its credit agreement, which now includes an $85 million term loan and a $135 million revolving credit facility. The total $220 million facility, led by UMB Bank, N.A., will be used to repay existing debt and provide additional working capital. It features an accordion option to expand the facility by an extra $50 million and is set to mature on May 20, 2030. Rustin Roach, Chairman and CEO of DBMG, expressed excitement about continuing the company's relationship with UMB, highlighting the liquidity support for its companies' working capital needs.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DBM Global Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9455207-en) on May 20, 2025, and is solely responsible for the information contained therein.
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