debt
confidence high
sentiment neutral
materiality 0.45
PureCycle extends revolving credit facility maturity to 2028; pays 50bp fee
PureCycle Technologies, Inc.
- Twelfth Amendment to Revolving Credit Agreement executed Aug 28, 2026; maturity extended from Sept 30, 2027 to Sept 30, 2028.
- Borrower pays each lender a maturity extension fee of 50 bps (0.50%) of its commitment, fully earned on effective date.
- Lenders are Sylebra Capital Partners Master Fund and Sylebra Capital Menlo Master Fund, affiliates that each hold >5% of company.
- Facility capacity remains $200 million; no change to principal or other key terms disclosed.
- Amendment effective upon payment of fees and satisfaction of conditions; loan guarantees and security interests ratified.