secwatch.observer — SEC 8-K summary
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Issuer:     Limbach Holdings, Inc. (LMB)
CIK:        0001606163
Form:       8-K
Filed at:   2026-09-09T13:07:26+00:00
Accession:  0001628280-26-061042
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Limbach replaces Wintrust facility with $300M PNC credit agreement maturing 2031
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- New PNC facility: $200M revolver, $50M term loan, $50M delayed draw term loan; matures Sept 9, 2031.
- Repaid ~$118.1M of Wintrust principal; no early termination penalties or prepayment fees incurred.
- Prior Wintrust facility was $125M revolver; new facility adds $175M of incremental capacity.
- Covenants: max net leverage 3.00x (3.50x for qualifying acquisitions), min fixed charge coverage 1.15x.
- ~$7.0M of existing letters of credit remain outstanding until expiration (latest April 2027), cash-collateralized.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1606163/000162828026061042/0001628280-26-061042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1606163/000162828026061042/lmb-20260909.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-061042

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