Shoals Technologies (SHLS) and a group of creditors have agreed to amend a credit deal that provides the company with a new tranche of incremental revolving loans in the amount of $50 million over a period of 18 months, the company said in a regulatory filing Friday.
The new 2026 revolving loans have the same terms as the existing revolving loans and may be prepaid at any time without premium or penalty, the company said.