Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Bowman Closes On $100 Million Revolving Credit Agreement By: Bowman Consulting Group via Business Wire May 03, 2024 at 07:00 AM EDT Bowman Consulting Group Ltd. (“Bowman” or “the Company”) (NASDAQ: BWMN), today announced it entered into a $100 million aggregate revolving credit agreement with Bank of America, N.A, as Administrative Agent, and TD Bank, N.A., as Syndication Agent (the “Credit Agreement”). With a five-year term, the Credit Agreement replaces the Company’s $70 million revolving line of credit with Bank of America. The general provisions of the Credit Agreement are similar to the predecessor credit facility. “This expanded credit facility reflects our long-term partnership with Bank of America and adds a new relationship in TD Bank,” said Gary Bowman, Chief Executive Officer. “The new facility further secures our ability to access capital as we continue to execute on our strategic growth initiative.” The Company will discuss the Credit Agreement in more detail at its upcoming earnings conference call on May 7, 2024, at 9am ET. About Bowman Consulting Group Ltd. Headquartered in Reston, Virginia, Bowman is a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment. With over 2,200 employees and more than 90 offices throughout the United States, Bowman provides a variety of planning, engineering, geospatial, construction management, commissioning, environmental consulting, land procurement and other technical services to customers operating in a diverse set of regulated end markets. Bowman trades on the Nasdaq under the symbol BWMN. For more information, visit bowman.com or investors.bowman.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20240502248542/en/Contacts Investor Relations Contacts: Bruce Labovitz ir@bowman.com Betsy Patterson ir@bowman.com Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Bowman Closes On $100 Million Revolving Credit Agreement By: Bowman Consulting Group via Business Wire May 03, 2024 at 07:00 AM EDT Bowman Consulting Group Ltd. (“Bowman” or “the Company”) (NASDAQ: BWMN), today announced it entered into a $100 million aggregate revolving credit agreement with Bank of America, N.A, as Administrative Agent, and TD Bank, N.A., as Syndication Agent (the “Credit Agreement”). With a five-year term, the Credit Agreement replaces the Company’s $70 million revolving line of credit with Bank of America. The general provisions of the Credit Agreement are similar to the predecessor credit facility. “This expanded credit facility reflects our long-term partnership with Bank of America and adds a new relationship in TD Bank,” said Gary Bowman, Chief Executive Officer. “The new facility further secures our ability to access capital as we continue to execute on our strategic growth initiative.” The Company will discuss the Credit Agreement in more detail at its upcoming earnings conference call on May 7, 2024, at 9am ET. About Bowman Consulting Group Ltd. Headquartered in Reston, Virginia, Bowman is a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment. With over 2,200 employees and more than 90 offices throughout the United States, Bowman provides a variety of planning, engineering, geospatial, construction management, commissioning, environmental consulting, land procurement and other technical services to customers operating in a diverse set of regulated end markets. Bowman trades on the Nasdaq under the symbol BWMN. For more information, visit bowman.com or investors.bowman.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20240502248542/en/Contacts Investor Relations Contacts: Bruce Labovitz ir@bowman.com Betsy Patterson ir@bowman.com
Bowman Consulting Group Ltd. (“Bowman” or “the Company”) (NASDAQ: BWMN), today announced it entered into a $100 million aggregate revolving credit agreement with Bank of America, N.A, as Administrative Agent, and TD Bank, N.A., as Syndication Agent (the “Credit Agreement”). With a five-year term, the Credit Agreement replaces the Company’s $70 million revolving line of credit with Bank of America. The general provisions of the Credit Agreement are similar to the predecessor credit facility. “This expanded credit facility reflects our long-term partnership with Bank of America and adds a new relationship in TD Bank,” said Gary Bowman, Chief Executive Officer. “The new facility further secures our ability to access capital as we continue to execute on our strategic growth initiative.” The Company will discuss the Credit Agreement in more detail at its upcoming earnings conference call on May 7, 2024, at 9am ET. About Bowman Consulting Group Ltd. Headquartered in Reston, Virginia, Bowman is a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment. With over 2,200 employees and more than 90 offices throughout the United States, Bowman provides a variety of planning, engineering, geospatial, construction management, commissioning, environmental consulting, land procurement and other technical services to customers operating in a diverse set of regulated end markets. Bowman trades on the Nasdaq under the symbol BWMN. For more information, visit bowman.com or investors.bowman.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20240502248542/en/