Willdan Group (WLDN) said Tuesday it has completed an amendment to its existing credit facilities increasing its borrowing capacity to $200 million from $150 million and extending the maturity date by five years to May 2030.
The restructured facilities provide for a $100 million revolver, a $50 million term loan and a $50 million delayed-draw term loan term, Willdan said.
The five-bank loan syndicate also agreed to reduce the interest rate spread over the Secured Overnight Financing Rate, the company said.
Willdan shares were 0.5% higher in recent trading.
Price: 39.82, Change: +0.21, Percent Change: +0.53
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。