Southland Holdings Negotiates Loan Amendment After $15 Million Surety Advance

Reuters
Jan 17
<a href="https://laohu8.com/S/SLND">Southland Holdings</a> Negotiates Loan Amendment After $15 Million Surety Advance

Southland Holdings Inc. is actively working with Callodine Commercial Finance, LLC, as agent, and the lenders under its existing Term Loan and Security Agreement, originally dated September 30, 2024, and amended on March 3, 2025. The company is in discussions to assess the impact of approximately $15 million advanced by Zurich Insurance Company Ltd, a surety provider, under a general indemnity agreement for bonded construction contract obligations. Additionally, Southland Holdings is negotiating with its sureties, agent, and lenders for the potential advancement of further surety funds and a long-term financing arrangement. However, there is no assurance that additional surety funding or a long-term financing agreement will be finalized.

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. Southland Holdings 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: 0001829126-26-000383), on January 16, 2026, and is solely responsible for the information contained therein.

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