Core Molding extends credit facility to 2031, revolver doubled to $50M, adds $50M term loan

CORE MOLDING TECHNOLOGIES INC

Revolving credit commitment increased from $25M to $50M; new $50M delayed draw term loan added.
Applicable margin reduced from 180-230 bps to 125-200 bps; covenant-light structure adopted.
Maturity extended five years to 2031; restricted payments capped at $10M per year in 2026-2027.
EBITDA addbacks allowed for Mexico facility relocation (up to $3.15M) and retirement of two executives (up to $3.29M).
CEO cites enhanced ability to invest in organic growth and pursue value-enhancing acquisitions.

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