Stratasys Ltd. SSYS today announced the Company has entered
into a credit agreement with Bank of America, N.A. for a five year
revolving credit facility in an aggregate principal amount of up to $250
million. The Company has the right to request increases in the facility
of up to an aggregate of $75 million, subject to the agreement of the
lenders and certain other conditions.
The credit facility provides added capacity and flexibility for the
company's ongoing expansion and acquisition initiatives.
“We believe our new credit facility, combined with the successful equity
offering we completed in September, provides the company with sufficient
resources to fund expansion and growth initiatives. Our industry
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