Brief: CPI Aerostructures Enters Into Sixth Amendment And Waiver To Certain Credit Agreement

CPI Aerostructures

24/08/2020 21:36

Aug 24 (Reuters) - CPI Aerostructures Inc  CVU.A :
    * CPI AEROSTRUCTURES - ENTERED INTO SIXTH AMENDMENT AND
WAIVER TO
CERTAIN AMENDED AND RESTATED CREDIT AGREEMENT
    * CPI AEROSTRUCTURES - UNDER AMENDMENT, $6 MILLION OF
OUTSTANDING
BALANCE UNDER REVOLVING NOTE WAS CONVERTED & ADDED TO
OUTSTANDING BALANCE ON TERM NOTE
    * CPI AEROSTRUCTURES - UNDER SIXTH AMENDMENT, PARTIES
AMENDED
CREDIT AGREEMENT BY EXTENDING MATURITY DATE OF REVOLVING NOTE &
TERM NOTE TO MAY 2, 2022

Source text: (https://bit.ly/3gm0gEB)
Further company coverage:  CVU.A 

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