Brief: L S Starrett Co Says Borrowers And TD Bank Entered Into An Amendment And Restatement Of Loan Agreement

L S Starrett Co

01/07/2020 20:12

July 1 (Reuters) - L S Starrett Co  SCX.N :
    * L S STARRETT CO - ON JUNE 25, BORROWERS AND TD BANK
ENTERED INTO
AN AMENDMENT AND RESTATEMENT OF LOAN AGREEMENT
    * L S STARRETT CO - AMENDMENT & RESTATEMENT WAIVED FIXED
CHARGE
COVERAGE RATIO FOR QUARTER ENDED JUNE 30
    * L S STARRETT CO - AMENDMENT & RESTATEMENT INCREASES
PERMITTED
BORROWINGS FROM FOREIGN BANK TO $15.0 MILLION
    * L S STARRETT CO - AMENDMENT & RESTATEMENT PERMITS CO TO
DRAW
REMAINDER OF OUTSTANDING BALANCE UNDER LOAN AGREEMENT

Source text : [https://bit.ly/3dWU30Y]
Further company coverage:  SCX.N 

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