Park Dental Partners Amends U.S. Bank Credit Agreement to Extend Revolver to 2029

Reuters
Feb 20
<a href="https://laohu8.com/S/PARK">Park Dental Partners</a> Amends <a href="https://laohu8.com/S/USB">U.S. Ban</a>k Credit Agreement to Extend Revolver to 2029

Park Dental Partners Inc. and affiliated borrower entities entered into an amendment agreement with U.S. Bank National Association, effective Jan. 1, 2026, to update their amended and restated credit agreement originally dated March 27, 2024. The amendment extends the maturity of the company’s revolving credit facility to March 27, 2029, updates financial covenants and quarterly reporting timelines to better align with public-company requirements, and permits previously disclosed shareholder promissory note transactions related to tax obligations from equity vesting following the company’s IPO. The credit agreement includes a revolving line of credit of up to $15 million and a $13 million term loan.

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