Shoals technologies group, inc. increases revolving credit facility to $150 million

Portland, tenn., may 04, 2022 (globe newswire) --  shoals technologies group, inc. (“shoals” or the “company”) (nasdaq: shls), a leading provider of electrical balance of system (“ebos”) solutions for solar, battery storage and electric vehicle charging infrastructure, today announced that it has increased the size of its existing revolving credit facility by $50 million to $150 million pursuant to a fifth amendment to its credit agreement with wilmington trust, national association, as term loan administrative agent and collateral agent, jpmorgan chase bank, n.a., as revolving facility administrative agent, and each l/c issuer and lender from time to time party thereto. the transaction closed on may 2, 2022.
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