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Mayville Engineering Amends Wells Fargo-Led Credit Agreement, Cuts Revolver to $275 Million

Reuters
Feb 27
<a href="https://laohu8.com/S/MEC">Mayville Engineering</a> Amends <a href="https://laohu8.com/S/EOD">Wells Fargo</a>-Led Credit Agreement, Cuts Revolver to $275 Million

Mayville Engineering Co. Inc. on Feb. 25, 2026 entered into a third amendment to its amended and restated credit agreement with Wells Fargo Bank, National Association as administrative agent and a syndicate of lenders. The amendment reduces the company’s senior secured revolving credit facility commitments by $75 million to $275 million, adds two higher pricing tiers tied to leverage levels, and temporarily relaxes certain leverage and interest coverage covenant thresholds through 2026 while further restricting some operational covenants, including limits on permitted acquisitions during fiscal 2026.

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. MEC - Mayville Engineering Co. 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: 0001104659-26-020541), on February 26, 2026, and is solely responsible for the information contained therein.

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