Loan & DebtOct 13, 2026, 10:01 AM
Avalon Holdings Extends Loan Maturity to July 2028
AI Summary
Avalon Holdings Corporation and its subsidiaries have entered into a Change in Terms Agreement with Wesbanco Bank, Inc. (formerly Premier Bank) to amend their existing Line of Credit Agreement. The amendment extends the maturity date of the credit line from July 31, 2027, to July 31, 2028. As of July 28, 2026, the company had $3,200,000 drawn under this facility.
Key Highlights
- Avalon Holdings Corporation extended its Line of Credit Agreement maturity date to July 31, 2028.
- The existing Business Loan and Promissory Note Agreements were amended via a Change in Terms Agreement.
- As of July 28, 2026, $3,200,000 was drawn under the Line of Credit Agreement.
- The original Line of Credit Agreement was dated September 24, 2025.
- The maturity date was extended from July 31, 2027 to July 31, 2028.
Price Impact
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