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0.000457540263543122 0.00268423621278671 -0.0020436798438263 0.000427037579306937 -0.00796120058565158 -0.0172645192776965 -0.0143972669594925 -0.0192776964372866
Stock impact report

Mazzotta Rentals, Inc. Secures $160 Million Credit Facility to Accelerate Growth and Continue Fleet Expansion [Yahoo! Finance]

M&T Bank Corporation (MTB) 
Last m&t bank corporation earnings: 4/20 06:37 am Check Earnings Report
US:NYSE Investor Relations: finance.yahoo.com/quote/m
Company Research Source: Yahoo! Finance
CT, MA, NY, RI, VT, NH, and ME in the construction, industrial, and infrastructure sectors, today announced it has secured an asset-based loan credit facility with M&T Bank (NYSE:MTB) as lead arranger and administrative agent. The facility refinances existing debt and will support the company's continued growth and expansion efforts. The transaction is comprised of a $120 million revolving line of credit along with a $5 million term loan facility. The transaction also provides MRI with a $35 million accordion feature for future growth. "We are thrilled to have the financial backing from M&T Bank to continue scaling our operations, expand our footprint, and meet increasing demand from our customers," said Thomas Caldaroni , Chief Administrative Officer of Mazzotta Rentals, Inc., "This credit facility is a strong endorsement of our performance and overall growth strategy, and it positions us to take advantage of new opportunities in key adjacent markets." The credit facility, led by Show less Read more
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