Key Developments For Shiloh Industries, Inc.
Shiloh Industries, Inc. (SHLO.O) (Consolidated Issue listed on NASDAQ Global Market)
Shiloh Industries, Inc. Enters Fourth Amendment Of Credit Agreement
Shiloh Industries, Inc. announced the completion of the Fourth Amendment Agreement (Fourth Amendment) of the Company's Credit and Security Agreement with a syndication of lenders led by PNC Bank National Association, successor to National City Bank, as co-lead arranger, sole book runner and administrative agent, and The Privatebank and Trust Company, as co-lead arranger and syndication agent. The Fourth Amendment provides the Company with a currently available revolving line of credit of $80,000,000 subject to a borrowing formula requirement. The line of credit matures in July 2012.
Shiloh Industries, Inc. Enters Third Amendment Of Its Credit Agreement
Shiloh Industries, Inc. announced the completion of the Third Amendment Agreement (Third Amendment) of the Company's Credit and Security Agreement with a syndication of lenders led by National City Bank as co-lead arranger, sole book runner and administrative agent and The Privatebank and Trust Company as co-lead arranger and syndication agent. The Third Amendment provides the Company with a revolving line of credit of $95,000,000 subject to a borrowing formula requirement. The line of credit matures in July 2012.
Shiloh Industries, Inc. Appoints Kevin Bagby As CFO
Shiloh Industries, Inc. announced that effective November 4, 2008, Kevin Bagby, will assume the position of Vice President of Finance and Chief Financial Officer (CFO) of the Company.
Shiloh Industries, Inc. Completes New Credit Agreement
Shiloh Industries, Inc. announced the completion of their new Credit and Security Agreement with a syndication of lenders led by National City Bank as co-lead arranger, sole book runner and administrative agent and The Privatebank and Trust Company as co-lead arranger and syndication agent. The agreement provides the Company with a revolving line of credit of $120,000,000 maturing in July 2013. The proceeds of the new agreement will repay borrowings under the Company's existing credit agreement of approximately $65,000,000, pay for related fees and expenses, and provide working capital needs and liquidity for the Company.
Shiloh Industries, Inc. Announces Resignation Of Chief Financial Officer- Form 8-K
Shiloh Industries, Inc. announced in its Form 8-K Stephen E. Graham, Chief Financial Officer of Shiloh Industries, Inc. will resign effective from March 14, 2008.
