NasdaqGS:CECOMachinery
Why CECO Environmental (CECO) Is Up 7.4% After Expanding Its US$700 Million Credit Facility
On January 30, 2026, CECO Environmental entered into a Fourth Amended and Restated Credit Agreement, securing a senior secured revolving credit facility of up to US$700.0 million maturing in 2031, with interest rates tied to its consolidated net leverage ratio and standard market benchmarks.
This expanded facility, which can be upsized subject to leverage limits and includes covenants on leverage and coverage ratios, meaningfully increases CECO's financial flexibility for acquisitions and...