Matthews International amends credit facility: revolver cut to $650M, covenant relief through 2027

MATTHEWS INTERNATIONAL CORP

Revolving credit facility reduced from $700M to $650M; foreign borrowing capacity cut to $0 from $350M.
Matthews Europe GmbH released as foreign borrower; no longer party to credit agreement.
Covenant Relief Period through Dec 31, 2027: leverage ratio max 5.25x to 4.75x, then 4.50x.
40% interest in Propelis JV excluded from leverage ratio calculation during relief period.
No event of default; all other material terms unchanged.

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