DBM Global Inc. Secures $220 Million Credit Facility in Amended Agreement with UMB Bank-Led Syndicate

Reuters
21 May
<a href="https://laohu8.com/S/DBMG">DBM Global Inc.</a> Secures $220 Million Credit Facility in Amended Agreement with UMB Bank-Led Syndicate

DBM Global Inc. has announced an amendment and restatement of its credit agreement, which now includes an $85 million term loan and a $135 million revolving credit facility. The total $220 million facility, led by UMB Bank, N.A., will be used to repay existing debt and provide additional working capital. It features an accordion option to expand the facility by an extra $50 million and is set to mature on May 20, 2030. Rustin Roach, Chairman and CEO of DBMG, expressed excitement about continuing the company's relationship with UMB, highlighting the liquidity support for its companies' working capital needs.

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