debt
confidence high
sentiment neutral
materiality 0.40
Global Water Resources expands revolving credit facility to $30M, extends maturity to Aug 2028
Global Water Resources, Inc.
- Amended revolver with Northern Trust: borrowing capacity raised from $20M to $30M (or $25M if capital markets activity occurs).
- Scheduled maturity date extended from May 18, 2028 to August 30, 2028.
- Unpaid principal balance at amendment date: $6.55M.
- Loan remains secured; subsidiary guarantors reaffirmed guarantees.