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Fundraise Mar 2018 · Pittsburgh, Pennsylvania Verified

Limbach Holdings Amends Credit Agreement with Fifth Third Bank

Limbach Holdings, Inc. and its subsidiaries entered into a Third Amendment to their Credit Agreement with Fifth Third Bank, increasing the letter of credit sublimit from $5.0 million to $8.0 million and modifying the definition of EBITDA. The Company also joined as a guarantor and granted a lien on certain assets.

“On March 21, 2018, Limbach Holdings, Inc. (the “Company”), Limbach Facility Services LLC (“Borrower”), Limbach Holdings LLC (“Parent”), Limbach Company LLC (“Limbach Company”), Limbach Company LP (“Limbach LP”), Harper Limbach LLC (“Harper”) and Harper Limbach Construction LLC (“Construction” and together with Parent, Limbach Company, Limbach LP and Harper, the “Initial Guarantors”) entered into a Third Amendment to the Credit Agreement (the “Amendment”) with Fifth Third Bank (“Fifth Third”), as Administrative Agent and L/C Issuer and the other Lenders party thereto.”

Entities

Fifth Third Bank · Lender Limbach Holdings, Inc. · Sponsor
ElectricalHVACPlumbing Sentiment: Neutral

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