Montauk Renewables Amends Credit Agreement to Increase Leverage Ratio with Comerica Bank and Lenders

Reuters
01/08
<a href="https://laohu8.com/S/MNTK">Montauk Renewables</a> Amends Credit Agreement to Increase Leverage Ratio with Comerica Bank and Lenders

Montauk Renewables Inc. announced that its subsidiary, Montauk Energy Holdings, LLC, has entered into the Sixth Amendment to its Second Amended and Restated Revolving Credit and Term Loan Agreement with Comerica Bank and other lenders. The amended agreement replaces the previous Total Leverage Ratio with a new Total Net Leverage Ratio, increasing the limit to 3.50 to 1.00 for the quarter ending December 31, 2025, before stepping down to 3.00 to 1.00 for the quarter ending March 31, 2026 and subsequent quarters. Additionally, Montauk Energy Holdings is now required to provide more frequent financial information and analysis to lenders, submitting these details within fifteen business days after the end of each month.

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. Montauk Renewables Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-006546), on January 07, 2026, and is solely responsible for the information contained therein.

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