Yunhong CTI Ltd

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Debt Financing / Related

Yunhong Cti Ltd says On Sept 30 Entered Into Loan And Security Agreement

Published: 10/06/2021 17:57 GMT
Yunhong CTI Ltd (CTIB) - Yunhong Cti Ltd - on September 30, Entered Into Loan and Security Agreement.
Yunhong Cti - Agreement Provides for Senior Secured Financing Consisting of Revolving Credit Facility of Up to $6 Million, Term Loan Facility of $731,250.
Yunhong Cti Ltd - Proceeds of Loans Borrowed Under Senior Facilities Will Be Used to Repay Prior Senior Secured Credit Facility.