PureCycle amends bond indenture; adds financial covenants, extends completion date to Dec 31, 2026

PureCycle Technologies, Inc.

Sixth Supplemental Indenture executed Oct 25, 2024, amending 2020 revenue bonds for Ohio recycling facility.
Outside Completion Date extended to December 31, 2026.
Adds Senior Parity Coverage Requirement of 125% and Overall Coverage Requirement of 105%.
Requires at least 60 Days Cash on Hand starting FY ending Dec 31, 2026; distribution restriction until Jan 1, 2027.
Failure to meet thresholds triggers independent consultant review; event of default at 115% Senior Parity or 100% Overall coverage.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.