Shentel extends $300M credit facility maturities to July 2027; leverage covenant eased to 4.75x

SHENANDOAH TELECOMMUNICATIONS CO/VA/

Maturity date of $150M revolver and $150M Term Loan A-1 extended from July 2026 to July 2027.
Maximum Total Net Leverage Ratio increased to 4.75:1.00 from prior level; provides additional covenant headroom.
Other facilities ($150M Term A-2 due 2028 and $225M Term A-3 due 2028) unchanged.
Amendment effective April 16, 2025; all Lenders consented.

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