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DBM Global Enters Into an Amended and Restated Credit Agreement

Provided By GlobeNewswire

Last update: May 20, 2025

NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) -- INNOVATE Corp. (NYSE: VATE) (“INNOVATE” or the “Company”) announced today that DBM Global Inc. (“DBMG”), has entered into an amended and restated credit agreement that provides for an $85 million term loan and a $135 million revolving credit facility (the “Credit Facility”), which will be used to fully repay DBMG’s existing debt obligations and provide additional working capital capacity. 

Read more at globenewswire.com

INNOVATE CORP

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