Limbach Holdings, Inc.

$300m committed across 1 active facility, next covenant test Sep 30, 2026. LMB

Construction - Special Trade Contractors

Net leverage: when the limit steps, and which way the company's ratio has been moving.

Tested quarterlyover 25% of headroom leftLimit
Permit the Consolidated Net Leverage Ratio, calculated as of the end of each fiscal quarter for the () fiscal quarters then ended, commencing with the fiscal quarter ending September 30, 2026, to exceed to 1.00; provided that if the Borrower or any Loan Party consummates a Permitted Acquisition with a total purchase price greater than ... the then applicable maximum Consolidated Net Leverage Ratio permitted under this Section 9.12 shall be automatically increased to to 1.00.
Read the filing on sec.gov ↗
Tested quarterlyHeadroom not yet measuredLimit
Permit the Consolidated Fixed Charge Coverage Ratio, calculated as of the end of each fiscal quarter for the four fiscal quarters then ended, commencing with the fiscal quarter ending September 30, 2026, to be less than to 1.00.
Read the filing on sec.gov ↗

Credit Agreement

Signed Sep 9, 2026

Committed
$300m
Matures
Sep 2031
Agent
PNC Bank, National Association
TrancheSizeMaturesMargin
Revolving Credit Facility$200mSep 2031
Term Loan Facility$50mSep 2031
Delayed Draw Term Loan Facility$50mSep 2031

Priced over Term SOFR, margin set by a 5-level grid (§1.1).

Priced over Term SOFR, margin set by a 5-level grid (§1.1).

Priced over Other, margin set by a 5-level grid (§1.1).

Lenders: PNC Capital Markets LLC, Flagstar Bank, National Association, BMO Bank National Association, PNC Bank, National Association, First National Bank of Pennsylvania, Trustmark Bank

No amendments on file yet.