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Wintrust Leads $55MM in Credit Facilities for Limbach Holdings - News

(Separate multiple addresses with a comma) Your Email Address Your Message (optional) Wintrust Leads $55MM in Credit Facilities for Limbach Holdings February 26, 2021, 07:35 AM Limbach Holdings entered into new credit agreements led by Wintrust Financial, together with a syndicate of commercial financial institutions. The Credit Facilities consist of a $25.0 million revolving credit facility (including a $5.0 million letter of credit sublimit) (“Revolver”) and a $30.0 million term loan (“Term Loan”) which together replaced its previous credit facilities. Under the terms of the Credit Facilities, the interest rate on the Revolver is, at the Company’s option, LIBOR plus 3.5% or a base rate plus 0.5%, and the interest rate on the Term Loan is, at the Company’s option, LIBOR plus 4.0% or a base rate plus 1.0%, in each case with a minimum LIBOR floor of 0.25% and base rate floor of 3.0%. Both the Revolver and the Term Loan feature a 5

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