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Provider: Pechala's Reports
Provider: Pechala's Reports
Provider: Reuters Investment Profile
Provider: Thomson Reuters Stock Report

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Actuant Corp Amends and Extends Senior Credit Facility

Thursday, 18 Jul 2013 05:00pm EDT 

Actuant Corp announced that it has amended and extended its senior credit facility. The amended credit facility continues to consist of a $600 million revolver and term loan, but the maturity date has been extended to July 2018 from February 2016. The expansion option was upsized to $350 million, subject to certain conditions. In addition, the amended agreement contains favorable adjustments to the pricing grid for borrowings, non-use and other fees, along with increased flexibility in other terms, conditions and covenants. 

Company Quote

-0.06 -0.18%
11 Jul 2014