Summary by Moomoo AI
FuelCell Energy, Inc. has reported the entry into Amendment No. 2 to its Financing Agreement on January 2, 2024. This amendment modifies the reporting requirement timeframe for fiscal year 2023, extending the period from 120 to 180 days post the fiscal year-end. The Financing Agreement, initially established on May 19, 2023, involves a term loan facility of up to $80.5 million and a letter of credit facility of up to $6.5 million with several lenders including Investec Bank plc and Bank of Montreal. The first amendment, effective August 14, 2023, clarified the debt service coverage ratio application and the basis for financial information provision. The details of these financial arrangements and their amendments were disclosed in the company's Form 8-K filings with the SEC.