Flexsteel Announces Amendment to Credit Agreements
June 02 2006 - 4:01PM
Business Wire
Flexsteel Industries, Inc. (NASDAQ:FLXS) ... The Company has
executed an Amendment to its Credit Agreements with its lead bank
extending to October 31, 2010 its $20.0 million long-term credit
facility and its $8.0 million available for Letters of Credit,
which were scheduled to expire September 30, 2007. There were no
other changes to the terms of the credit facilities, including
interest rates, other than described above. In addition, the
Company renewed under the same terms, until June 29, 2007, its
$20.0 million Line of Credit Note for working capital that was set
to expire on June 29, 2006. Flexsteel Industries, Inc. is
headquartered in Dubuque, Iowa, and was incorporated in 1929.
Flexsteel is a designer, manufacturer, importer and marketer of
quality upholstered and wood furniture for residential,
recreational vehicle, office, hospitality and healthcare markets.
All products are distributed nationally.
Flexsteel Industries (NASDAQ:FLXS)
Historical Stock Chart
From Jun 2024 to Jul 2024
Flexsteel Industries (NASDAQ:FLXS)
Historical Stock Chart
From Jul 2023 to Jul 2024