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Stock impact report

TPI Completes Debt Refinancing with a New $150 million, 5-Year Revolving Credit Facility

TPI Composites, Inc. (TPIC) 
Last tpi composites, inc. earnings: 2/27 04:01 pm Check Earnings Report
Company Research Source: GlobeNewswire
SCOTTSDALE, Ariz., April 09, 2018 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq:TPIC), the only independent manufacturer of composite wind blades with a global footprint, announced today that it has refinanced its existing $100 million senior, secured credit facility with a new $150,000,000 senior secured revolving credit facility with JPMorgan Chase Bank, N.A. serving as the administrative agent, Wells Fargo Bank, National Association and Capital One, National Association serving as co-syndication agents and JPMorgan Chase Bank, N.A., Wells Fargo Securities, LLC and Capital One, National Association serving as joint bookrunners and joint lead arrangers.  The new revolving credit facility is being provided by a syndicate of banks that includes JPMorgan Chase Bank, N.A., Wells Fargo Bank, National Association, Capital One, National Association and Bank of America, N.A. The new revolving credit facility matures on April 6, 2023 and reduces TPI’s borrowing costs on its senior Show less Read more
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