Brief: Steel Connect Unit Entered Into Revolving Credit & Security Agreement
02/01/2020 21:48
Jan 2 (Reuters) - Steel Connect Inc STCN.O :
* STEEL CONNECT - ON DEC 31, 2019, UNIT OF CO, MODUSLINK
CORP,
ENTERED INTO A REVOLVING CREDIT & SECURITY AGREEMENT
* STEEL CONNECT - 3 YEAR TERM CREDIT AGREEMENT PROVIDES FOR
MAXIMUM CREDIT COMMITMENT OF $12.5 MILLION & A SUBLIMIT OF $5.0
MILLION FOR LETTERS OF CREDIT
Source text: (http://www.sec.gov/Archives/edgar/data/914712/000092189520000005/0000921895-20-000005-index.htm)
Further company coverage: STCN.O
((Reuters.Briefs@thomsonreuters.com;))