$150M letter-of-credit sublimit removed
Company: TeraWulf
The claim, verbatim
The amendment removes the $150 million limit on letters of credit under the revolver.
Source (primary)
WULF Stock Hits Six-Month Weekly Low As TeraWulf Expands Credit Facility By 60% - Stocktwits (-, news_article)
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Quote: “It also gets rid of a $150 million limit that was put on letters of credit.”
How we checked this
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Additional evidence
confirms WULF Stock Hits Six-Month Weekly Low As TeraWulf Expands Credit Facility By 60% - Stocktwits
Quote: “It also gets rid of a $150 million limit that was put on letters of credit.”