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home / news releases / HSC - Harsco amends credit facility


HSC - Harsco amends credit facility

  • Harsco ( NYSE: HSC ) said Monday it amended its existing senior secured credit facilities.
  • The maximum net leverage ratio covenant applicable to its revolving credit facility was reset for additional financial flexibility.
  • HSC's net leverage is capped at 5.5x of adj. EBITDA through the quarter ending Dec. 31, 2023, after which it will be reduced quarterly, reaching 4x for Q4 2024.
  • The net leverage ratio covenant through Q3 2024 is decreased by 0.5x upon the sale of Harsco Rail.

For further details see:

Harsco amends credit facility
Stock Information

Company Name: Harsco Corporation
Stock Symbol: HSC
Market: NYSE

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