Enesco extends revolver commitment letter to March 31

By Sara Rosenberg

New York, Feb. 28 - Enesco Group Inc. amended the commitment letter for its proposed $75 million five-year senior secured credit facility, extending the expiration date to March 31 from Feb. 28, according to an 8-K filed with the Securities and Exchange Commission Tuesday.

This is the second time that the commitment was extended. Originally it was supposed to expire on Jan. 31.

LaSalle Business Credit LLC is the lead arranger on the deal.

The new facility will replace the company's existing credit facility.

Enesco is an Itasca, Ill., producer of fine gifts, collectibles and home decor accessories.

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