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0 0 0 0 0.0351826792963461 0.0514208389715829 0.0531123139377535 0.0196211096075775
Stock impact report

American Vanguard Announces Amendment to Credit Facility, Revises Guidance and Schedules Earnings Conference Call

American Vanguard Corporation ($0.10 Par Value) (AVD) 
Last american vanguard corporation ($0.10 par value) earnings: 3/9 04:05 pm Check Earnings Report
Company Research Source: Business Wire
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--American Vanguard Corporation (NYSE: AVD):Credit AgreementAmerican Vanguard Corporation (NYSE: AVD) today announced that, along with certain of its affiliates, it has entered into a Fifth Amendment to the Second Amended and Restated Credit Agreement with a group of commercial lenders led by the Bank of the West which increases the ratio of maximum loan to trailing EBITDA (as defined in the agreement) to 4.25-to-1 and then gradually steps that ratio down to current levels over the next three full, calendar quarters.Eric Wintemute, Chairman and CEO of American Vanguard Corporation (the Company), stated, “For over 30 years, our lending group, led by Bank of the West, have showed continued support for our business. We appreciate their vote of confidence in us. Amidst uncertainty brought on by the coronavirus pandemic, we are fortunate to be considered an essential business under three of the 16 categories within the federal CISA guidelines, name Show less Read more
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