Lincoln Educational ups revolving credit facility to $125 million with Fifth Third Bank
PUBT · 4d ago
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- Lincoln Educational Services entered amended and restated revolving credit facility with Fifth Third Bank, raising aggregate principal amount to USD 125 million from USD 60 million.
- Revolver includes USD 10 million letter of credit sublimit.
- Facility adds USD 25 million accordion feature.
- Incremental USD 65 million liquidity targeted to support growth initiatives.
- Five-year term matures April 11, 2031.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lincoln Educational Services Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604151535PRIMZONEFULLFEED9690735) on April 15, 2026, and is solely responsible for the information contained therein.
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