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Advanced Energy Industries Inc Announces $50 Million Credit Agreement


Monday, 15 Oct 2012 08:30am EDT 

Advanced Energy Industries Inc announced that it has entered into a $50 million, five-year credit agreement with Wells Fargo Bank, N.A. This agreement will provide Advanced Energy access to a new revolving line of credit secured by accounts receivable and inventory. The credit facility can be used for general working capital, capital expenditures and acquisitions, and may be increased by $25 million. 

Company Quote

19.145
0.115 +0.60%
29 Sep 2014