Stoneridge amends credit facility and extends maturity to July 1, 2027

Reuters03-12

Stoneridge amends credit facility and extends maturity to July 1, 2027

Stoneridge entered into Amendment No. 3 to its Fifth Amended and Restated Credit Agreement with PNC Bank and other lenders on March 6, 2026. The amendment extends the credit facility’s expiration date to July 1, 2027 from November 2, 2026. It lowers the minimum interest coverage ratio to 2% for the quarter ended September 30, 2026 and 3% for the quarter ended December 31, 2026 and thereafter. It raises the maximum leverage ratio to 7% for the quarter ended June 30, 2026 and 4% for the quarter ended December 31, 2026 and thereafter. The borrowing capacity will be reduced on December 31, 2026 to the lesser of 157.5 million or the then-current commitment, from $175 million.

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. Stoneridge Inc. 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: 0001043337-26-000016), on March 11, 2026, and is solely responsible for the information contained therein.

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