Enservco Corp

ASE:ENSV   3:59:43 PM EDT
1.32
+0.06 (+4.76%)
Debt Financing / Related

Enservco Closes Agreement With Lender To Amend Its Senior Revolving Credit Facility, Substantially Reduce Debt And Strengthen Its Balance Sheet

Published: 09/28/2020 12:44 GMT
Enservco Corp (ENSV) - Enservco Closes Agreement With Lender to Amend Its Senior Revolving Credit Facility, Substantially Reduce Debt and Strengthen Its Balance Sheet.
Enservco Corp - Closed Its Refinancing Agreement With East West Bank.
Enservco Corp - Refinancing Cuts Bank Debt Nearly in Half, Increases Shareholders' Equity by About $17.5 Million.
Enservco Corp - New Financing Includes a $17 Million Term Loan and a $1 Million Working Capital Revolving Line of Credit.