Flexsteel Industries, Inc. has entered into a third amendment to its existing Credit Agreement with Wells Fargo Bank, NA, as announced on June 3, 2025. This amendment reduces the maximum revolving line of credit to $55 million, aligning it with the company's current and projected borrowing needs. The adjustment was initiated by Flexsteel to better fit the terms of the Credit Agreement. Notably, there were no outstanding amounts under this line of credit as of the amendment date. The details of this amendment have been filed as exhibit 10.1 in the company's Current Report on Form 8-K.
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