Brief: Farmer Brothers Draws Down On Revolving Credit Facility

Farmer Bros Co

29/04/2020 21:02

April 29 (Reuters) - Farmer Bros Co  FARM.O :
    * FARMER BROTHERS DRAWS DOWN ON REVOLVING CREDIT FACILITY TO
ENHANCE FINANCIAL FLEXIBILITY
    * FARMER BROS CO - DRAWN DOWN $34.0 MILLION ON ITS $125.0
MILLION
REVOLVING CREDIT FACILITY
    * FARMER BROS CO - SUBSEQUENT TO BORROWING, COMPANY HAD OVER
$65.0
MILLION OF CASH AND CASH EQUIVALENTS
    * FARMER BROS CO - DRAW DOWN BRINGS TOTAL AMOUNT OUTSTANDING
TO
$122.0 MILLION OF REVOLVING LOANS AND $2.3 MILLION OF
OUTSTANDING LETTERS OF CREDIT

Source text for Eikon:  ID:nGNX6ZTcHt 
Further company coverage:  FARM.O 

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