Key Tronic Corporation Announces New Credit Facilities
Key Tronic Corporation (KTCC)
Last key tronic corporation earnings: 4/28 04:01 pm
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US:NASDAQ Investor Relations:
keytronic.com/home/investor-relations
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Source: GlobeNewswire
SPOKANE VALLEY, Wash., Dec. 05, 2024 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced that it entered into a new financing arrangement with the Bank of Montreal and Callodine Commercial Finance which extends and increases its access to working capital through December 2029. The combined financing agreement provides up to $143 million in availability, subject to the Company’s borrowing base and other limitations. The new credit agreements replace Key Tronic’s asset-based line of credit with Bank of America, which was set to expire in December 2025. In connection with these agreements, the Company expects to write off approximately $0.9 million in unamortized capitalized loan fees. “We are excited to update our financing arrangements as we prepare for growth in coming years,” said Tony Voorhees, Chief Financial Officer. “We believe the new financing significantly enhances our access to working capital ov
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News
- Key Tronic Co. (NASDAQ: KTCC) is now covered by analysts at StockNews.com. They set a "strong-buy" rating on the stock.MarketBeat
- Key Tronic Co. (NASDAQ: KTCC) is now covered by analysts at StockNews.com. They set a "strong-buy" rating on the stock.MarketBeat
- Key Tronic Co. (NASDAQ: KTCC) is now covered by analysts at StockNews.com. They set a "strong-buy" rating on the stock.MarketBeat
- Key Tronic Corp (KTCC) Q1 2025 Earnings Call Highlights: Navigating Challenges with Improved ... [Yahoo! Finance]Yahoo! Finance
- Key Tronic Corporation Announces Results for the First Quarter of Fiscal Year 2025GlobeNewswire
KTCC
Earnings
- 5/7/24 - In-Line
KTCC
Sec Filings
- 12/19/24 - Form 11-K
- 12/5/24 - Form 8-K
- 12/2/24 - Form 8-K
- KTCC's page on the SEC website