<< Read Full Article

Ethan Allen Agrees To New $40M Credit Facility

Stock quotes in this article: ETH  

DANBURY, Conn. (AP) — Home furnishings retailer Ethan Allen Interiors Inc. said Friday it has agreed to a new $40 million senior secured revolving credit facility.

The new three-year facility, which is provided by a syndicate led by JPMorgan, has an accordion feature that allows an increase to up to $60 million.

Ethan Allen said it has no current plans to use the facility for anything other than its outstanding letters of credit, which currently total $12.5 million. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,380.36 1,103.85 2,186.41 34.76
Oil *
77.91
UP
14.21
UP
3.93
UP
13.27
UP
0.96
10 Yr
3.48%
SPDR Gold
115.01
+0.14%
+0.36%
+0.61%
+2.84%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services