Brief: EnviroStar Inc Enters Into New $100 Mln Credit Facility

EVI Industries

05/11/2018 14:22

Nov 5 (Reuters) - Envirostar Inc  EVI.A :
    * ENVIROSTAR INC ENTERS INTO NEW $100 MILLION CREDIT
FACILITY
    * ENVIROSTAR - ENTERED INTO NEW FIVE-YEAR, $100 MILLION
SYNDICATED
CREDIT FACILITY WITH BANK OF AMERICA, US BANK AS JOINT LEAD
ARRANGERS & FIFTH THIRD BANK
    * ENVIROSTAR - NEW CREDIT FACILITY REPLACES EXISTING $27
MILLION
ASSET-BASED CREDIT FACILITY WITH WELLS FARGO THAT WAS SCHEDULED
TO MATURE IN OCTOBER 2021
    * ENVIROSTAR INC - NEW CREDIT FACILITY CAN EXPAND
COMMITMENTS IN
REVOLVER TO $140 MILLION IN AGGREGATE

Source text for Eikon:  ID:nBw8scVrqa 
Further company coverage:  EVI.A 

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