BRC Group amends Oaktree-led credit agreement, adds $3.13 million amendment fee to term loan

• BRC Group Holdings entered Amendment No. 5 to its credit agreement on Aug. 7, 2026, with Oaktree Fund Administration as agent.
• Borrowing base was revised, removing certain assets while increasing credit percentages on others.
• Springing maturity on the Initial Term Loan will not be triggered by the September 2026 Bonds or December 2026 Bonds.
• Initial Term Loan Exit Fee was replaced with an amendment fee of 3,1250,000, added to principal and due at maturity.
• Covenant flexibility expanded, including a $25 million basket to repurchase unsecured notes before or at maturity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BRC Group Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-089148), on August 13, 2026, and is solely responsible for the information contained therein.