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Warrior Met Coal boosts revolving credit facility to $125M

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Warrior Met Coal boosts revolving credit facility to $125M

Warrior Met Coal Inc. on Oct. 15 amended its revolving credit agreement to raise the borrowing limit by $25 million, to $125 million.

The amendment also extended the credit facility's maturity date to Oct. 15, 2023, and decreased the interest rate margins for the loans and fees related to issuing letters of credit, according to an Oct. 16 news release.

Warrior Met Coal is a U.S. producer and exporter of premium hard coking coal and operates mines in Alabama.