Speculating in Takeover Targets Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Speculating in Takeover Targets

ULBI 6.350

+0.3%

Feb 11 3:57 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: richardred who started this subject	8/19/2003 1:03:07 PM
From: richardred	of 7265

NBSC-I need to find out if acquisitions was included in the provision. SPX Successfully Completes Refinancing of Senior Secured Credit Facility PR Newswire ~ August 19, 2003 ~ 7:29 am EST CHARLOTTE, N.C., Aug. 19 /PRNewswire-FirstCall/ -- SPX Corporation (NYSE: SPW) today announced that it has refinanced and amended its senior secured credit facility. The refinancing combined the existing two tranches B and C of the term loans and reduced the interest rate on the Term C loan by 25 bps. The new combined tranche B Term loan matures in September 2009. The amendment also affected certain covenants under the credit facility including, but not limited to, dividend payment and stock repurchase provisions. SPX Corporation is a global provider of technical products and systems, industrial products and services, flow technology and service solutions. The Internet address for SPX Corporation's home page is www.spx.com. /CONTACT: Jeremy Smeltser of SPX, +1-704-752-4478, or investor@spx.com/ 07:29 EDT

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next