Announces the expansion of its secured, asset-based, revolving credit facility. The Facility is being upsized to $550 million from $425 million, with the uncommitted accordion of $75 million remaining as is. The interest rate pricing grid is also unchanged, and all other major terms and conditions of the Facility, including financial covenants, are carried forward and not materially affected by the expansion. Black Diamond Group Limited shares T.BDI are trading down $0.21 at $17.58.
Stocks in play: Black Diamond Group Limited
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