Brief: Standard Motor Products, Inc. Announces New $500 Million Credit Facility

Standard Motor Products

02/06/2022 13:34

June 2 (Reuters) - Standard Motor Products Inc  SMP.N :
    * STANDARD MOTOR PRODUCTS, INC. ANNOUNCES NEW $500 MILLION
CREDIT
FACILITY
    * STANDARD MOTOR PRODUCTS INC SAYS CREDIT FACILITY INCLUDES
$100
MILLION TERM LOAN AND $400 MILLION REVOLVING CREDIT FACILITY
    * STANDARD MOTOR PRODUCTS - IN ADDITION, CO ENTERED INTO
INTEREST
RATE SWAP AGREEMENT TO FIX INTEREST RATE ON $100 MILLION OF
BORROWINGS UNDER NEW CREDIT FACILITY

Source text for Eikon:  ID:nPn6rcQ0Za 
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