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RSI Home plans to amend $75 million revolving credit facility
By Susanna Moon
Chicago, March 2 – RSI Home Products, Inc. said it plans to amend its $75 million revolving credit facility entered into on Feb. 22, 2013.
The amendments would include changes to allow the company’s tender offer and financing with enough proceeds to fund the tender offer, according to a company press release.
The company began a tender offer for its $525 million of 6 7/8% senior secured second-lien notes due 2018, and the tender offer is conditioned on RSI securing the amendments to its revolver.
RSI Home Products is an Anaheim, Calif.-based manufacturer of kitchen, bath and home storage cabinets.
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