Financing ·
Core Molding Technologies, Inc. entered into a Third Amendment to its Credit Agreement with The Huntington National…
CMTCore Molding Technologies Inc
Core Molding Technologies, Inc. entered into a Third Amendment to its Credit Agreement with The Huntington National Bank on July 2, 2026. The amendment increases the Revolving Credit Commitment from $25,000,000 to $50,000,000 and adds a new delayed draw term loan facility of up to $50,000,000. Key modifications include reducing the Applicable Margin range to 125-200 basis points, extending credit facility maturities by five years, and limiting Restricted Payments to $10,000,000 for fiscal years 2026 and 2027. The amendment also adjusts the Consolidated EBITDA definition to include add-backs for Mexico facility relocation costs and executive retirement expenses. Core Molding Technologies, Inc. is a manufacturing company specializing in molding technologies.