Key Tronic Corporation Announces New Credit Facilities
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Key Tronic Corporation has announced new credit facilities with the Bank of Montreal and Callodine Commercial Finance, extending and increasing its access to working capital until December 2029.
December 05, 2024 | 9:45 pm
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Key Tronic Corporation has secured new credit facilities with the Bank of Montreal and Callodine Commercial Finance, which will extend and increase its access to working capital through December 2029.
The new credit facilities provide Key Tronic with increased financial flexibility and stability, which is likely to be viewed positively by investors. This could lead to a short-term increase in the stock price as the company now has better access to working capital, potentially supporting growth and operations.
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