Ramaco Resources Secures $500 Million Revolving Credit Facility Extension

Reuters2025-12-31
Ramaco Resources Secures $500 Million Revolving Credit Facility Extension

Ramaco Resources Inc. has announced an amendment to its existing Revolving Credit Agreement with its principal bank lender, KeyBank, N.A., significantly increasing its overall credit capacity. The revised facility raises total commitments to $500 million, comprising a $350 million revolving commitment and a $150 million accordion feature, up from the previous $200 million facility with a $75 million accordion. The maturity date has also been extended from 2029 to 2030. This expanded facility, arranged by KeyBank and Truist, with participation from several other major banks, is expected to provide Ramaco with enhanced financial flexibility to support its growth, shareholder returns, and development of its Brook Mine critical mineral and rare earth projects.

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. Ramaco Resources Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CL54889) on December 30, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment