Brief: Enerpac Tool Group Corp- On Sept 9, Entered Into Credit Agreement Which Provides For $400 Million Revolving Credit Facility

Enerpac Tool

15/09/2022 16:59

Sept 15 (Reuters) - Enerpac Tool Group Corp  EPAC.N :
    * ENERPAC TOOL GROUP CORP- ON SEPT 9, ENTERED INTO CREDIT
AGREEMENT WHICH PROVIDES FOR $400 MILLION REVOLVING CREDIT
FACILITY
    * ENERPAC TOOL GROUP CORP- WILL HAVE OPTION TO REQUEST TO
INCREASE
LOAN FACILITIES UNDER CREDIT AGREEMENT
    * ENERPAC TOOL GROUP CORP- WILL HAVE OPTION TO ENTER INTO
ONE OR
MORE ADDITIONAL TRANCHES OF TERM LOANS IN AN AGGREGATE AMOUNT OF
UP TO $300 MILLION
    * ENERPAC TOOL GROUP CORP- BORROWINGS UNDER BOTH REVOLVING
CREDIT
& TERM LOAN FACILITIES WILL MATURE ON SEP 9, 2027


Further company coverage:  EPAC.N 

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