debt
confidence high
sentiment neutral
materiality 0.30
Clearfield extends $40M revolver maturity to April 2026
Clearfield, Inc.
- Maturity of $40M line of credit extended from April 27, 2025 to April 25, 2026.
- Interest rate unchanged: SOFR + 1.85% margin; initial rate 6.17%.
- All other material terms of the Loan Agreement remain unchanged.
- Borrowing limit stays at $40M; no new covenants or fees disclosed.