Target Hospitality Corp. announced that its subsidiary, Arrow Bidco, LLC, along with other subsidiaries, has entered into a sixth amendment to its existing ABL Credit Agreement with Bank of America, N.A., and other lenders. The amendment, signed on December 23, 2025, revises the Consolidated Fixed Charge Coverage Ratio covenant for calendar year 2026, providing the company with greater flexibility regarding the timing of anticipated capital expenditures for planned growth projects. Target Hospitality Corp. confirmed it remains in compliance with all financial covenants under the amended agreement.
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. Target Hospitality Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-124455), on December 29, 2025, and is solely responsible for the information contained therein.
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