Orion Group Secures $120 Million Credit Facility to Support Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 29 2025
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Source: Globenewswire
- Enhanced Financial Flexibility: Orion Group has entered into a new five-year $120 million credit facility with UMB Bank, significantly increasing the company's financial flexibility and lowering overall capital costs, thereby supporting future strategic growth initiatives.
- Optimized Credit Structure: The new credit facility comprises a $60 million revolving line of credit, a $20 million equipment term loan, and a $40 million acquisition term loan, along with an additional $25 million uncommitted accordion to fund future growth needs.
- Significant Rate Advantage: The new facility's interest rate is set at SOFR plus 2.5% to 3.0%, representing a reduction of approximately 225 basis points compared to the previous credit agreement, which will lower the company's financing costs and enhance profitability.
- Improved Debt Servicing Capability: Proceeds from this financing will be used to repay $23 million of outstanding borrowings under the prior facility and for general corporate purposes, ensuring the company has stronger liquidity and debt servicing capabilities moving forward.
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Analyst Views on ORN
Wall Street analysts forecast ORN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ORN is 13.00 USD with a low forecast of 13.00 USD and a high forecast of 13.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 12.520
Low
13.00
Averages
13.00
High
13.00
Current: 12.520
Low
13.00
Averages
13.00
High
13.00
About ORN
Orion Group Holdings, Inc. is a specialty construction company that serves the infrastructure, industrial, and building sectors. The Company provides services both on and off the water in the continental United States, Alaska, Hawaii, Canada and the Caribbean Basin. Its segments include marine and concrete. Its marine segment provides construction and dredging services, including marine transportation facility construction, marine pipeline construction, marine environmental structures construction, dredging of waterways, channels and ports, environmental dredging, design, and specialty services related to marine construction, fabrication, and dredging. Its concrete segment provides turnkey concrete construction services, including concrete surface place and finish, site preparation, layout, forming, and rebar placement for large commercial, structural and other associated business areas. Its specialty services include design, salvage, demolition, surveying, towing, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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