Ethan Allen draws down $20 million more under revolver

By Wendy Van Sickle

Columbus, Ohio, April 1 – Ethan Allen Interiors Inc. drew down an addictional $20 million under its $165 million revolving credit facility, according to a news release.

The drawdown is in addition to the $80 million of borrowings under the revolver announced on March 23 and brings cash and investments on hand to approximately $110 million as of March 31.

Ethan Allen is a Danbury, Conn.-based interior design company and manufacturer and retailer of quality home furnishings.

© 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.