Brief: Xpel Inc Says On April 6, 2023, Entered Into A Credit Agreement

XPEL

10/04/2023 21:50

April 10 (Reuters) - Xpel Inc  XPEL.O :
    * XPEL INC - ON APRIL 6, 2023, ENTERED INTO A CREDIT
AGREEMENT
    * XPEL INC -  CREDIT AGREEMENT PROVIDES FOR SECURED
REVOLVING
LOANS AND LETTERS OF CREDIT IN AN AGGREGATE AMOUNT OF UP TO $125
MILLION
    * XPEL INC -  SIMULTANEOUSLY WITH ENTERING INTO CREDIT
AGREEMENT,
BORROWED $31 MILLION
    * XPEL INC-BORROWED MONEY TO REPAY OUTSTANDING DEBT UNDER
LOAN
AGREEMENT WITH TEXAS PARTNERS BANK & TO PAY EXPENSES IN
CONNECTION WITH CREDIT AGREEMENT

Source text for Eikon:  ID: 
Further company coverage:  XPEL.O 

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