NasdaqGM:SHLSElectrical
How Investors May Respond To Shoals Technologies Group (SHLS) Expanding Revolver And Loosening Leverage Covenant
In June 2026, Shoals Technologies Group, Inc. amended its existing credit agreement to add a new US$50,000,000 incremental revolving loan tranche available for 18 months and to replace its first lien secured leverage covenant with a maximum consolidated total leverage ratio of 4.00:1.00, alongside other customary covenant changes.
This amendment increases Shoals’ financial flexibility at a time of easing geopolitical tensions and improving financing conditions for capital-intensive energy...