Brief: Yunhong Cti Ltd says On Sept 30 Entered Into Loan And Security Agreement

Yunhong Green Cti

06/10/2021 18:52

Oct 6 (Reuters) - Yunhong CTI Ltd  CTIB.O :
    * YUNHONG CTI LTD - ON SEPTEMBER 30, ENTERED INTO LOAN AND SECURITY AGREEMENT
    * YUNHONG CTI - AGREEMENT PROVIDES FOR SENIOR SECURED FINANCING CONSISTING OF REVOLVING
CREDIT
FACILITY OF UP TO $6 MILLION, TERM LOAN FACILITY OF $731,250
    * YUNHONG CTI LTD - PROCEEDS OF LOANS BORROWED UNDER SENIOR FACILITIES WILL BE USED TO REPAY
PRIOR
SENIOR SECURED CREDIT FACILITY

Source text - https://bit.ly/3uUHX2s
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