Nortek Amends and Expands Revolving Credit Facility

Nortek entered into an Amended and Restated Credit Agreement to expand its revolving credit facility from $100 million to $200 million, adding liquidity and covenant flexibility. This facility was subsequently used to fund the Huntair and Cleanpak acquisition.

“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.”

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