Electra Battery Materials amends senior secured credit facility to expand capacity for government financing debt
ELBM•Other terms remain unchanged
Existing guarantees and security remain in place, and all other terms of the senior secured credit facility stay unchanged.
More flexibility to grant liens
The amendment also expands flexibility to grant liens, allowing security for part of that debt on a pari passu basis with existing lenders.
Amendment expands capacity for government financing debt
Electra Battery Materials amended its Oct. 22, 2025 senior secured Credit and Guaranty Agreement with lenders led by GLAS USA.
The changes lift capacity for permitted indebtedness tied to government financing arrangements, supporting efforts to finalize related funding.
