RathGibson amends revolver, waiving and removing solvency requirement

By Sara Rosenberg

New York, May 8 - RathGibson Inc. amended its senior secured revolving credit facility, waiving non-compliance with the solvency requirement for all periods before May 4 and removing that requirement going forward, according to an 8-K filed with the Securities and Exchange Commission on Friday.

The amendment was completed on May 4.

General Electric Capital Corp. is the agent on the deal.

RathGibson is a Lincolnshire, Ill.-based manufacturer of highly engineered stainless steel, nickel, and titanium tubing.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.