Financing ·
PureCycle Technologies executed a twelfth amendment to its revolving credit agreement with Sylebra Capital Partners…
PCTPureCycle Technologies, Inc.
PureCycle Technologies executed a twelfth amendment to its revolving credit agreement with Sylebra Capital Partners and Menlo Master Fund. The amendment extends the facility's maturity date from September 30, 2027, to September 30, 2028, and requires the payment of a maturity extension fee. The lenders are greater than 5% beneficial owners of the company. PureCycle Technologies operates in the recycling industry, specifically focusing on purifying polypropylene plastic.