Drilling Tools International Corp. Amends and Extends ABL Credit Facility and Enters into New Term Loan
DTIDrilling Tools International (DTI) Prnewswire·2024-03-18 19:05

ABL Amendment Provides Additional Financial Flexibility, Extends Maturity to 2029 and Modifies Certain Financial Covenants New Term Loan Adds $25 Million of Increased Borrowing Capacity HOUSTON, March 18, 2024 /PRNewswire/ -- Drilling Tools International Corp. (NASDAQ: DTI) ("DTI" or the "Company"), a global oilfield services company that manufactures and provides a differentiated, rental- focused offering of tools for use in onshore and offshore horizontal and directional drilling operations, today announc ...