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IES Holdings ( (IESC) ) just unveiled an announcement.
On January 21, 2025, IES Holdings entered into a new credit agreement with Wells Fargo and other financial institutions, increasing its revolving credit facility to $300 million and extending its maturity to 2030. This transition from an asset-based to a cash flow-based facility enhances borrowing capacity and supports IES’s strategic initiatives such as organic growth and acquisitions, reflecting confidence from its banking partners.
More about IES Holdings
IES Holdings, Inc. designs and installs integrated electrical and technology systems, providing infrastructure products and services to various end markets, including data centers, residential housing, and commercial and industrial facilities across the United States.
YTD Price Performance: 31.78%
Average Trading Volume: 174,379
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $5.53B
Find detailed analytics on IESC stock on TipRanks’ Stock Analysis page.
