debt
confidence high
sentiment neutral
materiality 0.60
Midwest Energy Emissions extends debt maturity to Oct 31, 2022 with lender AC Midwest
Birchtech Corp.
- AC Midwest Energy LLC agreed to further extend maturity date on secured and unsecured debt from Sept 30 to Oct 31, 2022.
- Previous extension had moved maturity from Aug 25 to Sept 30; ongoing negotiations for financing modifications.
- Company expects to finalize changes and modifications to financing arrangements prior to the new Oct 31 deadline.