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Matthews International cuts revolving credit to $650 million and secures leverage covenant relief through December 2027

9/7/2026

Balance sheets remade by divestitures pull credit agreements out of alignment with a company's actual operating shape.

Pittsburgh-based Matthews International Corporation (Nasdaq: MATW) disclosed on September 4, 2026 that it had moved to close that gap, entering a Ninth Amendment to its Third Amended and Restated Loan and Security Agreement on September 1, reducing the revolving facility to $650 million from $700 million, and establishing a Covenant Relief Period through December 31, 2027.

The amendment was entered into with the banks party to the credit agreement. Chief Financial Officer Daniel E. Credit structure reset after divestitures Three changes define the Ninth Amendment.

The revolving credit capacity falls to $650 million from $700 million.