debt
confidence high
sentiment neutral
materiality 0.50
Kewaunee amends credit line: reduces to $3M, extends maturity to June 30, 2022
KEWAUNEE SCIENTIFIC CORP /DE/
- Line of credit reduced from $4,715,823 to $3,000,000.
- Maturity extended from May 31, 2022 to June 30, 2022.
- Further reductions tied to sale-leaseback proceeds: $0.25 per $1 up to $5M, $0.50 per $1 above $5M.