Loan & DebtMay 14, 2026, 04:24 PM
Expro Increases Revolving Credit Facility to $450M
AI Summary
Expro Group Holdings N.V. amended its senior secured revolving credit facility on May 8, 2026. The amendment increases the available revolving facility loans from $400 million to $450 million, providing the company with enhanced liquidity. Concurrently, the $100 million commitments previously available as term bridge loans were eliminated, streamlining the company's debt structure.
Key Highlights
- Revolving credit facility increased from $400 million to $450 million.
- Total revolving facility commitments now stand at up to $450 million.
- Term bridge loan commitments of $100 million were eliminated.
- The amendment letter was dated May 8, 2026.
- The original facility agreement was dated July 23, 2025.