LMB credit line steps up to $125 million as Limbach expands revolving capacity
In focus for LMB: Limbach Holdings, Inc. expanded its senior secured revolving credit facility by $25.0 million to $125.0 million on July 24, 2026, under the Third Amendment to the Second Amended and Restated Credit Agreement with Wheaton Bank & Trust Company, N.A. The 8-K, signed by Chief Financial Officer Jayme L. Brooks, also delivers a reduction in applicable margins on Term SOFR and Prime Rate revolving loans, each pegged to the company's Senior Leverage Ratio. The full text of the amendment is filed as Exhibit 10.1 to the current report on Form 8-K.
Key takeaways
- Limbach Holdings, Inc. expanded its senior secured revolving credit facility by $25.0 million to $125.0 million on July 24, 2026, under the Third Amendment to its Second Amended and Restated Credit Agreement with Wheaton Bank & Trust Company, N.A.
- The amendment reduces applicable margins on Term SOFR and Prime Rate revolving loans, each tied to the company's Senior Leverage Ratio.
- The filing, signed by CFO Jayme L. Brooks, covers only the revolving credit line and includes no equity issuance or term loan changes.
- This is the third amendment to the base credit agreement, which dates to May 5, 2023, following amendments on March 13, 2024 and June 27, 2025.
- Limbach Facility Services LLC is the borrower, with Wheaton Bank & Trust Company, N.A., a subsidiary of Wintrust Financial Corporation, serving as administrative agent and letter-of-credit issuer.
In focus for LMB: Limbach Holdings, Inc. expanded its senior secured revolving credit facility by $25.0 million to $125.0 million on July 24, 2026, under the Third Amendment to the Second Amended and Restated Credit Agreement with Wheaton Bank & Trust Company, N.A. The 8-K, signed by Chief Financial Officer Jayme L. Brooks, also delivers a reduction in applicable margins on Term SOFR and Prime Rate revolving loans, each pegged to the company's Senior Leverage Ratio. The full text of the amendment is filed as Exhibit 10.1 to the current report on Form 8-K.
The structure of the deal
Limbach Facility Services LLC, the wholly owned subsidiary that holds the borrower role, enters the amendment alongside Limbach Holdings LLC, another wholly owned subsidiary of Limbach Holdings, Inc., and other loan parties. Wheaton Bank & Trust Company, N.A., a subsidiary of Wintrust Financial Corporation, serves as administrative agent and letter-of-credit issuer. The base credit agreement dates to May 5, 2023. A first amendment followed March 13, 2024, and a second amendment closed June 27, 2025. The July 24 filing marks the third time Limbach has returned to the facility since the original agreement was put in place.
The Item 2.03 section of the 8-K, covering creation of a direct financial obligation, incorporates by reference the same amendment described under Item 1.01. That cross-reference signals the expanded revolving facility has been recognized as a direct financial obligation of the registrant.
The numbers in the filing
The headline print: the aggregate principal amount of the revolving credit facility moves from $100.0 million to $125.0 million. The margin reduction applies to Term SOFR and Prime Rate revolving loans and scales with the borrower's Senior Leverage Ratio, a metric defined within the credit agreement itself. The amendment also revises certain defined terms to reflect what the filing calls updated operational and financial provisions.
The filing describes no equity issuance or term loan changes. It covers the revolving credit line exclusively.
What to watch
The complete Third Amendment is attached as Exhibit 10.1. Limbach notes it has omitted certain schedules under Item 601(a)(5) of Regulation S-K and will furnish them to the SEC on request.
For LMB watchers, the next confirmable milestone is any drawdown or leverage-ratio disclosure in a subsequent quarterly filing showing how the company intends to deploy the $25.0 million of added capacity. Limbach Holdings, Inc. is incorporated in Delaware and trades on the Nasdaq Stock Market. The company is headquartered at 5102 W Laurel Street, Suite 700, in Tampa, Florida.
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Filed by the macro desk of MarketPR on July 25, 2026. Source: MarketPR. Indicative figures are not investment advice.