Constellis Announces Credit Agreement Amendments and Maturity Extensions
Constellis, a leading provider of essential risk management and mission support services to government and commercial clients worldwide, today announced the strategically and financially significant completion of amendments to its First and Second Lien Credit Agreements. The amendments convert or exchange all of its first lien term loans and over 99% of its second lien term loans for term loans with extended maturity dates of September 27, 2025, and March 27, 2026, respectively.
“The successful extension of our credit facilities demonstrates our proactive commitment to improving our capital structure and gives us additional flexibility to execute upon key strategies,” said Terry Ryan, Chief Executive Officer. “We appreciate the continued support from our lenders and their confidence in Constellis, as we continue our evolution to a growing and increasingly profitable and cash generating enterprise.”