Mayville Engineering Co. Inc. on Feb. 25, 2026 entered into a third amendment to its amended and restated credit agreement with Wells Fargo Bank, National Association as administrative agent and a syndicate of lenders. The amendment reduces the company’s senior secured revolving credit facility commitments by $75 million to $275 million, adds two higher pricing tiers tied to leverage levels, and temporarily relaxes certain leverage and interest coverage covenant thresholds through 2026 while further restricting some operational covenants, including limits on permitted acquisitions during fiscal 2026.
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