Market Overview

Acme Gets New Credit Line Up to $30M

Acme United Corporation (NYSE:ACU) today announced that it has entered into a new loan agreement with HSBC Bank, N.A. The new five-year facility provides for borrowings up to $30 million at an interest rate of LIBOR plus 1.75%. The agreement expires on March 31, 2017.

Posted-In: News Financing

 

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