Brief: Superior Drilling Products Says Co's Subsidiary Meier Properties Series Entered Agreement With American Bank Of The North

Superior Drilling Products

02/08/2018 11:39

Aug 2 (Reuters) - Superior Drilling Products Inc  SDPI.A :
    * SUPERIOR DRILLING PRODUCTS - ON AUGUST 1, CO'S SUBSIDIARY
MEIER
PROPERTIES SERIES, LLC,  ENTERED AGREEMENT WITH AMERICAN BANK OF
THE NORTH
    * SUPERIOR DRILLING PRODUCTS - AGREEMENT TO EXTEND MATURITY
OF
INDEBTEDNESS UNDER BUSINESS LOAN AGREEMENT FROM AUGUST 18, 2018
TO FEBRUARY 15, 2019
    * SUPERIOR DRILLING PRODUCTS - AGREEMENT ALSO SAYS THE
INTEREST
RATE FOR THE LOAN INCREASED TO 7.1%
    * SUPERIOR DRILLING PRODUCTS SAYS ALL OTHER TERMS OF THE
BUSINESS
LOAN AGREEMENT REMAIN THE SAME - SEC FILING

Source text: (https://bit.ly/2v88ivY)
Further company coverage:  SDPI.A 

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