DLH Holdings amends syndicated credit agreement, loosens leverage covenant limits

DLH Holdings Corp.
F.N.B. Corporation

DLH Holdings Corp.

DLHC

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F.N.B. Corporation

FNB

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  • DLH amended its secured credit agreement on June 11, 2026 with First National Bank of Pennsylvania as administrative agent and a lender group.
  • The facility includes a $190 million term loan commitment, now amortized to $122 million, plus a revolver of up to $50 million.
  • Covenants were loosened for mid-2026, lifting the maximum total leverage ratio to 5.0x for June 30 and 5.5x for Sept. 30.
  • The minimum fixed charge coverage ratio was reduced to 1.05x through the quarter ending Sept. 30, 2026.
  • Definitions of Consolidated EBITDA and Total Funded Debt were revised, including adjustments tied to restructuring items and certain VA-related letters of credit.


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. DLH Holdings Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-043937), on June 17, 2026, and is solely responsible for the information contained therein.

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