Limbach Holdings, Inc. 8-K

What Happened

• On July 24, 2026, Limbach Facility Services LLC and Limbach Holdings LLC (wholly owned subsidiaries of Limbach Holdings, Inc.) and other loan parties entered into a Third Amendment to the Second Amended and Restated Credit Agreement with Wheaton Bank & Trust Company, N.A., as administrative agent.
• The amendment increases the company’s senior secured revolving credit facility from $100.0 million to $125.0 million, reduces the applicable margins for Term SOFR and Prime Rate revolving loans based on the Borrower’s Senior Leverage Ratio, and revises certain defined terms to reflect updated operational and financial provisions.

Key Details

• Effective date: July 24, 2026.
• Revolving credit facility increased from $100.0M to $125.0M (senior secured).
• Interest margin adjustments: reductions for Term SOFR and Prime Rate loans tied to the Borrower’s Senior Leverage Ratio.
• Amendment updates certain defined terms and includes related conforming changes.

Why It Matters

• The amendment gives Limbach greater borrowing capacity (an extra $25M of revolver), which directly affects the company’s available liquidity.
• Margin reductions tied to leverage mean the company could pay lower interest on revolver borrowings if it meets the specified Senior Leverage Ratio thresholds.
• The filing cautions that the representations, warranties and covenants in the amendment are contractual and intended for the parties to the agreement; investors should not treat those statements as definitive factual characterizations of the company’s condition. Investors should watch for future disclosures on how the company uses the increased capacity and whether the margin or covenant changes affect reported interest expense or liquidity.