debt
confidence high
sentiment neutral
materiality 0.35
Broadwind amends credit agreement reducing monthly term loan payments after $1.6M prepayment
BROADWIND, INC.
- Mandatory prepayment of $1,599,586.95 on Sept 8, 2025 due to asset sale in Manitowoc, WI.
- Amendment No. 3 reduces monthly principal payments from $90,214 to $61,506 after Oct 1, 2025.
- Last installment remains the entire unpaid balance of the Term Loan.
- No Default or Event of Default was outstanding as of the amendment date.