debt
confidence high
sentiment neutral
materiality 0.50
NAI extends Wells Fargo credit facility to Dec 2026, reduces borrowing base to $10M
NATURAL ALTERNATIVES INTERNATIONAL INC
- Amended credit facility with Wells Fargo extended to December 31, 2026.
- Maximum principal reduced from $12.5M to $10M.
- Powder processing facility in Carlsbad added as security for the amended agreement.
- Company states facility sufficient to support working capital needs and pursuit of revenue growth.
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