Motorcar Parts of America Announces Increased Revolving Credit Facility
Motorcar Parts of America, Inc. (MPAA)
Last motorcar parts of america, inc. earnings: 2/10 08:00 am
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US:NASDAQ Investor Relations:
investors.motorcarparts.com/investor-relations
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Source: GlobeNewswire
LOS ANGELES, June 05, 2019 (GLOBE NEWSWIRE) -- Motorcar Parts of America, Inc. (Nasdaq: MPAA) today announced it has entered into an amended credit facility agreement led by PNC Bank, National Association – resulting in a new increased aggregate facility of approximately $269 million, consisting of a $238.62 million revolver line and a $30 million term loan. “The amended credit facility provides the company with additional financial flexibility to execute management’s strategic targets for growth and profitability. We are gratified by the ongoing support of PNC Bank, National Association and the loan syndicate, and look forward to a continued strong working relationship,” said Selwyn Joffe, chairman, president and chief executive officer.Additional details concerning the amended credit facility agreement are available in a related Form 8-K filing.About Motorcar Parts of AmericaMotorcar Parts of America, Inc. is a remanufacturer, manufacturer and distributor of automotive afterm
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MPAA
Earnings
- 2/9/24 - Miss
MPAA
Sec Filings
- 4/24/24 - Form SD
- 3/26/24 - Form 4
- 3/5/24 - Form 4
- MPAA's page on the SEC website