Financing ·
Stabilis Solutions, Inc. entered into a Second Modification Agreement and Amendment to Other Loan Documents with The…
SLNGStabilis Solutions, Inc.
Stabilis Solutions, Inc. entered into a Second Modification Agreement and Amendment to Other Loan Documents with The Huntington National Bank on June 29, 2026, amending an existing loan agreement. The amendment includes a new minimum Fixed Charge Coverage Ratio covenant of 1.20 to 1.00, tested quarterly on a trailing twelve-month basis starting March 31, 2007, and the establishment of a $5,000,000 Cash Collateral Account. Until compliance is demonstrated for two consecutive quarters, revolving credit facility availability is capped at $10,000,000. The company operates in the energy sector, providing liquefied natural gas (LNG) solutions.