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Fundraise Apr 2006 Verified

Nortek Amends and Expands Credit Facility

Nortek entered into an Amended and Restated Credit Agreement with its banks to expand its revolving credit facility from $100 million to $200 million, adding liquidity and covenant flexibility.

“Nortek previously announced on April 3 that it entered into an Amended and Restated Credit Agreement with its banks to, among other things, expand its revolving credit facility from $100 million to $200 million, adding liquidity and covenant flexibility.”

Entities

Nortek, Inc. · Sponsor
HVAC Sentiment: Positive

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.