Brief: Lakeland Industries Says Co Entered Into Loan Agreement

Lakeland Industries

30/06/2020 22:10

June 30 (Reuters) - Lakeland Industries Inc  LAKE.O :
    * LAKELAND INDUSTRIES INC - ON JUNE 25, ENTERED INTO LOAN
AGREEMENT
    * LAKELAND INDUSTRIES - LOAN AGREEMENT PROVIDES CO WITH
$12.5
MILLION SENIOR SECURED REVOLVING CREDIT FACILITY
    * LAKELAND INDUSTRIES INC - REVOLVING CREDIT FACILITY
MATURES ON
JUNE 25, 2025
    * LAKELAND INDUSTRIES - CREDIT FACILITY INCLUDES ACCORDION
FEATURE; CO MAY REQUEST FROM TIME TO TIME INCREASE IN REVOLVING
COMMITMENT OF UP TO $5 MILLION

Source text (https://bit.ly/3ePFQE5)
Further company coverage:  LAKE.O 

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