PureCycle Technologies Amends $200M Revolving Credit, Extends Maturity to 2028

What Happened

• PureCycle Technologies, Inc. filed an 8-K on Aug. 31, 2026 disclosing a Twelfth Amendment to its Revolving Credit Agreement, executed Aug. 28, 2026. The amendment extends the maturity date of the Company’s $200 million Revolving Credit Facility from September 30, 2027 to September 30, 2028 and requires payment of a maturity extension fee.
• Parties to the amendment include the Company, its guarantor affiliates (PureCycle Technologies Holdings Corp., PureCycle Technologies, LLC, PureCycle Augusta, LLC and PureCycle (Thailand) Company Limited), lenders Sylebra Capital Partners Master Fund, LTD and Sylebra Capital Menlo Master Fund, and Kroll Trustee Services (HK) Limited as Administrative Agent and Security Agent. The full amendment is filed as Exhibit 10.1.

Key Details

• Revolving Credit Facility size: up to $200 million.
• Amendment executed: August 28, 2026; new maturity date: September 30, 2028 (previously Sept. 30, 2027).
• Company must pay a maturity extension fee as part of the amendment.
• The lenders and their affiliates are greater than 5% beneficial owners of PureCycle (disclosure of related-party interest).

Why It Matters

• The amendment pushes the due date for the Company’s revolving debt out by one year, giving PureCycle more near-term liquidity runway and delaying a potential refinancing or repayment event until September 2028.
• The maturity extension fee increases the Company’s near-term cash obligations, and the fact that the lenders are >5% owners is a related‑party consideration investors should note.
• Investors should review the full Twelfth Amendment (Exhibit 10.1) for terms that could affect borrowing costs, covenants or collateral; changes to those terms could affect PureCycle’s financial flexibility and credit risk profile.