Terre Haute energy company secures $120M credit to refinance and fund growth

NodeGuardian

2026-03-28 15:06:36

Abstract generation in progress

Hallador Energy (Nasdaq: HNRG) has secured a new $120 million Senior Secured Credit Agreement, maturing in March 2029. This facility, comprising a $75 million revolving credit and a $45 million delayed draw term loan, will be used to refinance existing debt, provide working capital, and support strategic growth initiatives. The company expects this move to extend its debt maturity profile and enhance overall liquidity.

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