Financing ·
Skyline Builders Group Holding Limited entered into a convertible loan agreement with Cove Kaz Capital Group LLC on…
SKBLSkyline Builders Group Holding Ltd
Skyline Builders Group Holding Limited entered into a convertible loan agreement with Cove Kaz Capital Group LLC on June 2, 2026, providing a loan facility of up to $45 million, of which $23.1 million was previously loaned on April 22, 2026. The agreement supersedes a prior agreement from April 21, 2026, and carries a 10% annual simple interest rate. Additionally, the parties to a previously reported transaction agreement entered into Amendment No. 1 on June 9, 2026, to clarify that the Company will maintain at least $50 million in available cash at the closing date, net of any loans to Kaz Companies. Skyline Builders Group Holding Limited is a Cayman Islands exempted company involved in the construction and building materials industry.