Ramaco Resources Secures $500 Million Revolving Credit Facility Extension

Reuters
2025/12/31
Ramaco Resources Secures $500 Million Revolving Credit Facility Extension

Ramaco Resources Inc. has announced an amendment to its existing Revolving Credit Agreement with its principal bank lender, KeyBank, N.A., significantly increasing its overall credit capacity. The revised facility raises total commitments to $500 million, comprising a $350 million revolving commitment and a $150 million accordion feature, up from the previous $200 million facility with a $75 million accordion. The maturity date has also been extended from 2029 to 2030. This expanded facility, arranged by KeyBank and Truist, with participation from several other major banks, is expected to provide Ramaco with enhanced financial flexibility to support its growth, shareholder returns, and development of its Brook Mine critical mineral and rare earth projects.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ramaco Resources Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CL54889) on December 30, 2025, and is solely responsible for the information contained therein.

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