Nortek Expands Revolving Credit Facility to $200 Million

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. As of July 1, 2006, $25 million was outstanding under the facility.

“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.”

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.