Northwest Pipe extends $125M credit facility to June 2028, revises EBITDA covenant to $35M

NWPX Infrastructure, Inc.

Maturity extended from June 30, 2024 to June 29, 2028 via Third Amendment to Credit Agreement.
Revolving loan, swingline, and letters of credit facility remains at $125M with $50M accordion option.
Consolidated senior leverage ratio covenant increased to >3.00x; minimum EBITDA raised to $35M (trailing 4Q).
Amendment with Wells Fargo as administrative agent and sole lender; all Lenders consented.

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