Davey Tree extends receivables facility to July 2026, ups limit to $175M

DAVEY TREE EXPERT CO

Extended RFA termination date from July 20, 2025 to July 17, 2026 (one-year extension).
Increased AR Securitization Facility limit to $175 million (prior limit not disclosed).
Four subsidiaries joined as originators via Joinder Agreement: DTS California, Davey Rail Services, DRG Grid Reliability, and Davey RC.
Wells Fargo Bank, N.A. added as a new lender under the facility.
Company reaffirmed representations and warranties; no events of default continue.

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