Loan & DebtMay 4, 2026, 03:41 PM
Global Water Resources Extends $20M Credit Facility Maturity to May 2028
AI Summary
Global Water Resources, Inc. has entered into the seventh amendment to its revolving line of credit agreement with The Northern Trust Company. This modification extends the scheduled maturity date of the $20.0 million facility from May 18, 2027, to May 18, 2028. The agreement, originally established on April 30, 2020, contains customary representations, warranties, and covenants.
Key Highlights
- Extended revolving credit facility maturity date from May 18, 2027, to May 18, 2028.
- Revolving line of credit provides up to a maximum of $20.0 million.
- Seventh Modification Agreement dated April 30, 2026.
- Original Loan Agreement entered into on April 30, 2020.
- Unpaid principal balance of the Loan is $0.00 as of April 30, 2026.
Price Impact
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