Chart Industries Announces Amended Revolving Credit Facility
08 Abril 2024 - 5:30PM
Chart Industries, Inc. (NYSE: GTLS) (“Chart”), a leading global
solutions provider to clean energy and industrial gas markets,
announced that it has completed an amendment to its revolving
credit facility (“Facility”) that increases the size from $1.0
billion to $1.25 billion. The Facility, previously due to expire in
October 2026, now has a maturity date of April 2029.
“The positive outcome of extended maturity and improved terms to
our revolving credit facility, supported by a very strong lender
group, is another step in our success to optimize our capital
structure. We remain focused on achieving our targeted leverage
ratio of 2.0-2.5X net leverage,” stated Jill Evanko, Chart’s CEO
and President.
The amendment, led by JPMorgan Chase Bank, N.A. and supported by
a syndicate of banks, also provides for favorable changes to
certain terms and conditions.
About Chart Industries
Chart Industries, Inc. is an independent global leader in the
design, engineering, and manufacturing of process technologies and
equipment for gas and liquid molecule handling for the Nexus of
Clean™ - clean power, clean water, clean food, and clean
industrials, regardless of molecule. The company’s unique product
and solution portfolio across stationary and rotating equipment is
used in every phase of the liquid gas supply chain, including
engineering, service and repair and from installation to preventive
maintenance and digital monitoring. Chart is a leading provider of
technology, equipment and services related to liquefied natural
gas, hydrogen, biogas, and CO2 capture amongst other applications.
Chart is committed to excellence in environmental, social, and
corporate governance (ESG) issues both for its company as well as
its customers. With 64 global manufacturing locations and over 50
service centers from the United States to Asia, Australia, India,
Europe, and South America, the company maintains accountability and
transparency to its team members, suppliers, customers, and
communities. To learn more,
visit www.chartindustries.com.
Investor Contact:
John WalshVP, Investor
Relations1-770-721-8899john.walsh@chartindustries.com
Chart Industries (NYSE:GTLS)
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