Acme United enters $11.6M fixed-rate mortgage with HSBC at 3.8%

ACME UNITED CORP

Mortgage of $11.6M at 3.8% fixed rate, 7-year term, 20-year amortization.
Covers properties in Vancouver, WA and Rocky Mount, NC.
$3M used to retire existing mortgage; $8.6M increases debt capacity for growth & M&A.
CEO cites benefit of locking fixed rate amid rising inflation.

item 1.01 item 9.01

ACME UNITED CORP filing history →

Source: SEC EDGAR

accession 0001564590-21-059595

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