Brief: CVG Announces Amendment to Credit Facility

Commercial Vehicle

18/05/2022 12:51

May 18 (Reuters) - Commercial Vehicle Group Inc  CVGI.O :
    * CVG ANNOUNCES AMENDMENT TO CREDIT FACILITY
    * COMMERCIAL VEHICLE GROUP - ON MAY 12, 2022 ENTERED
AMENDMENT TO
INCREASE ITS EXISTING SENIOR SECURED CREDIT FACILITIES TO $325
MILLION FROM $275 MILLION
    * SAYS MATURITY DATE OF SENIOR SECURED CREDIT FACILITIES HAS
BEEN
EXTENDED BY TWELVE MONTHS TO MAY 12, 2027
    * SAYS SEPARATE FROM CO'S ANNUAL $35 MILLION CAP, A ONE-TIME
$45
MILLION CAPITAL PROJECT BASKET WAS INCLUDED IN AMENDMENT

Source text for Eikon:  ID:nGNXxt5lb 
Further company coverage:  CVGI.O 

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