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EnviroStar enters into new $100M credit facility

Nov. 05, 2018 9:05 AM ETEVI Industries, Inc. (EVI) StockBy: Niloofer Shaikh, SA News Editor
  • EnviroStar (NYSE:EVI) has entered into a new five-year, $100M syndicated credit facility, replacing the existing $27M asset-based credit facility.
  • The new credit facility includes a $100M revolving line of credit and an accordion feature, which at EVI’s option, can expand commitments in the revolver to $140M.

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