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Stock impact report

The Chefs’ Warehouse Provides Update on Liquidity

The Chefs' Warehouse, Inc. (CHEF) 
Last the chefs' warehouse, inc. earnings: 2/12 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
RIDGEFIELD, Conn., March 18, 2020 (GLOBE NEWSWIRE) -- The Chefs' Warehouse, Inc. (NASDAQ:CHEF), a premier distributor of specialty food products in North America, today announced that on March 18, 2020, the Company borrowed $100 million under its $150 million Asset-Based Loan Facility, maturing in March of 2022.  Inclusive of this borrowing, the Company has approximately $175 million in cash on its balance sheet at this time. The Company took this step to maintain appropriate liquidity during this period of extreme uncertainty. About The Chefs' Warehouse The Chefs' Warehouse, Inc. (http://www.chefswarehouse.com) is a premier distributor of specialty food products in the United States and Canada focused on serving the specific needs of chefs who own and/or operate some of the nation's leading menu-driven independent restaurants, fine dining establishments, country clubs, hotels, caterers, culinary schools, bakeries, patisseries, chocolatiers, cruise lines, casinos and specialty foo Show less Read more
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