Acme United increases bank facility to $65M with HSBC, extends to May 2026

ACME UNITED CORP

Facility increased by $15M to $65M; interest rate SOFR + 1.75%; maturity May 31, 2026.
As of March 31, 2022, outstanding borrowings were $40.2M.
Facility provides liquidity for growth, share repurchases, dividends, acquisitions.
Terms otherwise materially unchanged.

item 1.01 item 9.01

ACME UNITED CORP filing history →

Source: SEC EDGAR

accession 0001564590-22-022039

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