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Tredegar Completes New Credit Facility
“We believe that our new credit facility provides us flexibility for
business development activities and the ability to weather a cyclical
Under the new credit agreement, the company has access to funds at an interest rate on borrowings and commitment fees based on the company's consolidated trailing four-quarter leverage ratio, subject to compliance with certain covenants and other conditions. The credit facility will be used for general corporate purposes.
This agreement, arranged by
Additional details are available in the Current Report on Form 8-K filed
Neill Bellamy, 804-330-1211