Chart Industries Announces Amended Revolving Credit Facility
ATLANTA, April 08, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a leading global solutions provider to clean energy and industrial gas markets, announced that it has completed an amendment to its revolving credit facility (“Facility”) that increases the size from $1.0 billion to $1.25 billion.
- ATLANTA, April 08, 2024 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a leading global solutions provider to clean energy and industrial gas markets, announced that it has completed an amendment to its revolving credit facility (“Facility”) that increases the size from $1.0 billion to $1.25 billion.
- The Facility, previously due to expire in October 2026, now has a maturity date of April 2029.
- “The positive outcome of extended maturity and improved terms to our revolving credit facility, supported by a very strong lender group, is another step in our success to optimize our capital structure.
- We remain focused on achieving our targeted leverage ratio of 2.0-2.5X net leverage,” stated Jill Evanko, Chart’s CEO and President.