Brief: Airboss Increases Revolving Credit Availability To $250 Mln From $150 Mln

Airboss of America

23/09/2021 13:17

Sept 23 (Reuters) - AirBoss of America Corp  BOS.TO :
    * AIRBOSS ANNOUNCES NEW CREDIT FACILITIES
    * AIRBOSS OF AMERICA CORP - INCREASED REVOLVING CREDIT
AVAILABILITY TO USD$250 MILLION (FROM USD $150 MILLION) WITH AN
ACCORDION OF USD $75 MILLION
    * AIRBOSS OF AMERICA CORP - MATURITY DATE IS NOW SEPTEMBER
23,
2026
    * AIRBOSS OF AMERICA CORP - NO PRINCIPAL PAYMENTS PRIOR TO
MATURITY
    * AIRBOSS OF AMERICA CORP - MORE FLEXIBLE FINANCIAL
COVENANTS AND
CONDITIONS RELATED TO SIZE OF PERMITTED ACQUISITIONS
    * AIRBOSS OF AMERICA CORP - ELIMINATION OF COMPANY'S
AMORTIZING
TERM LOAN

Source text for Eikon:  ID:nGNX7rM4PT 
Further company coverage:  BOS.TO 

 ((Reuters.Briefs@thomsonreuters.com;))