DBM Global enters $220M credit facility to refinance debt, provide working capital

INNOVATE Corp.

$85M term loan + $135M revolver (total $220M) from syndicate led by UMB Bank, N.A.
Facility matures May 20, 2030; accordion allows up to $50M additional capacity.
Proceeds used to fully repay existing debt and provide additional working capital.
CEO Rustin Roach and interim CEO Paul Voigt highlight liquidity to support growth.

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