Hallador Energy amends Texas Capital Bank credit agreement, revises leverage covenants

Hallador Energy Co

Hallador Energy Co

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  • Hallador Energy entered a second amendment to its March 5, 2026 credit agreement with Texas Capital Bank as administrative agent.
  • Amendment revises financial maintenance covenants to reflect an improving risk profile tied to recent offtake agreements.
  • Total leverage ratio capped at 4.25x starting with the quarter ending June 30, 2026.
  • Senior secured leverage ratio capped at 3x through Sept. 30, 2026, stepping down to 2.75x through March 31, 2027.
  • Senior secured leverage ratio tightens to 2.5x from the quarter ending June 30, 2027; other credit terms unchanged.


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. Hallador Energy Company 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: 0000788965-26-000006), on June 26, 2026, and is solely responsible for the information contained therein.

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