Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.

home / news releases / sharps compliance announces new 36m credit facility

SMED - Sharps Compliance announces new $36M credit facility

Sharps Compliance Corp.
Sharps Compliance (NASDAQ:SMED) entered into a new $36M credit facility with a commercial bank which will be available for working capital and other general corporate purposes (up to $6M, expandable to $10M via an accordion feature) and funding for acquisitions (up to $30M). The agreement replaces the $14M existing credit facility. "This new credit facility further enhances our liquidity beyond our significant cash position providing substantial flexibility to pursue our growth plans including potential acquisitions," president & CEO David P. Tusa commented.

For further details see:

Sharps Compliance announces new $36M credit facility
Stock Information
Company Name: Sharps Compliance Corp.
Stock Symbol: SMED
Market: NASDAQ
Website: sharpsinc.com
Menu
SMED SMED Quote SMED Short SMED News SMED Articles SMED Message Board
Get SMED Alerts

News, Short Squeeze, Breakout and More Instantly...