Wastequip Extends Senior Secured Revolving Credit Facility
Summary
CHARLOTTE, N.C., Dec. 16, 2022 /PRNewswire/ -- Wastequip, the leading North American manufacturer of waste handling equipment, today announced it has successfully completed an amendment and extension of its senior secured revolving credit facility. As a result of the transaction, Wastequips revolving lenders have agreed to extend the maturity of commitments totaling $45 million by 18 months to September 20, 2024. Extending Wastequips revolving credit facility further enhances the companys liquidity and financial flexibility. "The success of this revolving credit facility is a continued endorsement and reaffirmation of the strength of our company. We thank our lending partners for their confidence in Wastequip and our business objectives by committing to this extended facility in a turbulent market," said Steve Klueg, Chief Financial Officer of Wastequip.Wastequip is the leading North American manufacturer of waste handling equipment, with an international network of manufacturing facilities and the most extensive dealer network in the industry.