Flexsteel Amends Credit Agreement

June 4, 2006  by in UnCategorized   

By Home Furnishings Business in Upholstery on June 2006 Flexsteel Inds. has amended a credit agreement with its lead bank, extending its $20 million long-term credit facility and an $8 million available for letters of credit to Oct. 21, 2010.

Both agreements were scheduled to expire Sept. 30.

No other changes to the terms of the agreements, including interest rates, were made.

Flexsteel also renewed under the same terms, until June 29, its $20 million line of credit note for working capital that was set to expire June 29.