Brief: TANDY LEATHER FACTORY INC SAYS AGREEMENT FOR A $6 MLN REVOLVING CREDIT FACILITY
24/09/2015 12:50
Sept 24 (Reuters) - Tandy Leather Factory Inc TLF.O : * SAYS AGREEMENT FOR A $6 MLN REVOLVING CREDIT FACILITY * Announces credit facilities with bank of texas * Announced an agreement with BOKF N.A. DBA bank of texas for a $6 mln revolving credit facility * Says BOKF is providing a line of credit facility of up to $10 million for the purpose of repurchasing the company's common stock * Says the $6 million revolving credit facility is secured by the company's inventory * Says this credit facility replaced the company's prior line of credit with jpmorgan chase bank * Source text for Eikon ID:nGNXLYRCFa * Further company coverage TLF.O ((Bengaluru Newsroom; +1 646 223 8780))