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Stock impact report

UFPI announces expanded $375M unsecured credit facility [Seeking Alpha]

UFP Industries, Inc. (UFPI) 
Last ufp industries, inc. earnings: 4/22 04:41 pm Check Earnings Report
US:NASDAQ Investor Relations: ufpinvestor.com
Company Research Source: Seeking Alpha
Universal Forest Products (NASDAQ: UFPI ) has entered into a five-year, $375M unsecured revolving credit facility with a syndicate of U.S. and Canadian banks led by JPMorgan Chase Bank, N.A., as administrative agent and Wells Fargo Bank, N.A., as syndication agent, replacing the prior $295M unsecured revolving credit facility agreement with the same agents. This new arrangement provides company with the flexibility to invest in new products, automation, facilities, technology and targeted acquisitions while still maintaining a very strong balance sheet. Click to subscribe to real-time analytics on UFPI Now read: Norbord Inc. 2018 Q3 - Results - Earnings Call Slides » Subscribe for full text news in your inbox Show less Read more
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