Shoals secures $50M credit facility, amends leverage covenant to 4.00:1.00 ratio

Filed June 12, 2026 · Period ending June 10, 2026 · ~1 min read

Key Changes

• high

  Company amended credit agreement to replace first lien secured leverage covenant with total leverage ratio of 4.00:1.00, broadening debt measurement to include all debt and providing more operational flexibility.

  Item 1.01 verify on EDGAR →
• medium

  Shoals obtained $50 million in new incremental revolving credit capacity available for 18 months, supplementing existing credit lines with prepayment flexibility to boost near-term liquidity.

  Item 1.01 verify on EDGAR →
• low

  This marks the seventh amendment to the company's 2020 credit agreement, effective June 10, 2026, reflecting ongoing refinancing activity.

  Item 1.01 verify on EDGAR →