Montrose environmental group upsizes credit facility to $400 million

Little rock, ark.--(business wire)--montrose environmental group, inc. (the “company,” “montrose” or “meg”) (nyse: meg), today announced that it has upsized its senior secured credit agreement (“credit facility”) to $400 million. the additional $100 million of availability includes a $50 million increase in the revolving credit facility to $175 million and a $50 million increase to the term loan. the credit facility will be available for working capital needs, growth initiatives and general cor.
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