Brief: Kadant-Co & Units Provided Notice Of Intent To Prepay Outstanding Balance Of $18.9 Mln, With Accrued Interest, Under $21 Mln Loan Dated July 6, 2018

Kadant

23/06/2020 23:41

June 23 (Reuters) - Kadant Inc  KAI.N :
    * KADANT-CO & UNITS PROVIDED NOTICE OF INTENT TO PREPAY
OUTSTANDING BALANCE OF $18.9 MILLION, WITH ACCRUED INTEREST,
UNDER $21 MILLION LOAN DATED JULY 6, 2018
    * KADANT INC - CO & UNITS EXPECT TO MAKE PREPAYMENT ON JULY
20
    * KADANT INC - ON PAYMENT DATE, CO SHALL ALSO PAY A
PREPAYMENT FEE
OF 1% OF OUTSTANDING PRINCIPAL BALANCE TO BE PREPAID

Source: https://bit.ly/319URwp
Further company coverage:  KAI.N 

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