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An update from Natural Gas Services Group (NGS) is now available.
Natural Gas Services Group, Inc. has successfully amended its credit agreement, resulting in an increased lender commitment from $225 million to $300 million, adjustments to the leverage ratio covenant, and the addition of Zions Bancorporation as a new lender. This strategic financial move, aimed at enhancing the company’s borrowing capacity and flexibility, was announced in a recent press release, signaling a positive step for the company and its stakeholders in the financial markets.
Learn more about NGS stock on TipRanks’ Stock Analysis page.