tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Perimeter Solutions Secures New Credit Facility, Ends Lawsuit

Story Highlights
  • Perimeter put in place a $200 million secured revolving credit facility maturing in 2030, expandable based on EBITDA and leverage.
  • A Delaware stockholder suit over director terms was mooted and closed after governance changes and a $725,000 fee payment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Perimeter Solutions Secures New Credit Facility, Ends Lawsuit

Claim 70% Off TipRanks This Holiday Season

The latest update is out from Perimeter Solutions ( (PRM) ).

On December 19, 2025, Perimeter Holdings, LLC, an indirect subsidiary of Perimeter Solutions, Inc., entered into an amended and restated credit agreement that established a senior secured revolving credit facility of up to $200 million, maturing in 2030 and backed by first-priority liens on substantially all assets of Perimeter Holdings and its guarantor subsidiaries, with features allowing increased commitments tied to EBITDA and leverage-based interest margins. Separately, the company resolved a stockholder class action filed on October 1, 2025, in Delaware Chancery Court challenging the board terms of two directors; after the board in late October 2025 confirmed the directors’ elections and disclosed that they will stand for election at the 2026 annual meeting and annually thereafter, the plaintiff agreed the claims were mooted, and on December 22, 2025, the court closed the case following the company’s agreement to pay $725,000 in attorneys’ fees and expenses, eliminating ongoing litigation risk and related distraction without any admission of wrongdoing.

The most recent analyst rating on (PRM) stock is a Hold with a $30.00 price target. To see the full list of analyst forecasts on Perimeter Solutions stock, see the PRM Stock Forecast page.

Spark’s Take on PRM Stock

According to Spark, TipRanks’ AI Analyst, PRM is a Neutral.

Perimeter Solutions demonstrates strong technical momentum and strategic growth initiatives, particularly in the Fire Safety segment and through recent acquisitions. However, high valuation and profitability challenges temper the overall outlook.

To see Spark’s full report on PRM stock, click here.

More about Perimeter Solutions

Perimeter Solutions, Inc. operates through subsidiaries including Perimeter Intermediate, LLC and Perimeter Holdings, LLC, using secured credit facilities to support its business and financing needs, with domestic wholly owned material restricted subsidiaries providing guarantees and collateral for its borrowing arrangements.

Average Trading Volume: 1,107,123

Technical Sentiment Signal: Buy

Current Market Cap: $4.15B

For an in-depth examination of PRM stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1