Brief: Powell Industries Inc Entered Into Amended And Restated Credit Agreement

Powell Industries

03/10/2019 15:53

Oct 3 (Reuters) - Powell Industries Inc  POWL.O :
    * POWELL INDUSTRIES INC - WITH CERTAIN SUBSIDIARIES ENTERED
INTO
AN AMENDED AND RESTATED CREDIT AGREEMENT
    * POWELL INDUSTRIES - LIKE EXISTING AGREEMENT, 2019 CREDIT
AGREEMENT IS SENIOR CREDIT FACILITY EXTENDING  $75 MILLION
REVOLVING LINE OF CREDIT TO COMPANY
    * POWELL INDUSTRIES INC - 2019 CREDIT AGREEMENT MATURES, AND
ALL
AMOUNTS OUTSTANDING THEREUNDER WILL BE DUE AND PAYABLE, ON
SEPTEMBER 27, 2024

Source:(https://bit.ly/2ncWDeI)
Further company coverage:  POWL.O 

 ((Reuters.Briefs@thomsonreuters.com))