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February 7, 2013
08:07 EDTATNY, WFCAPI Technologies repays term loan and enters into new credit agreements
API Technologies (ATNY) has entered into a credit agreement with Guggenheim Corporate Funding that provides for a $165M term loan facility. Additionally, the company has entered into a separate agreement for a $50M revolving borrowing base credit facility with Wells Fargo (WFC) Bank, National Association, as administrative agent, upon which the company drew $29.4M at closing. Proceeds from these two facilities were used to pay in full the company’s existing credit facility, certain indebtedness in the United Kingdom, and to pay fees, costs and expenses associated with the refinancing.
News For ATNY;WFC From The Last 14 Days
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August 1, 2014
08:03 EDTATNYAPI Technologies awarded $3M order for secure wireless communication systems
API Technologies announced the receipt of a $3M order for secure, wireless communication systems from a Fortune 50 company.
05:54 EDTWFCStocks with implied volatility movement; SPY WFC
Stocks with implied volatility movement; Standard and Poor's Depository Receipts (SPY) 15, Wells Fargo (WFC) 16 according to iVolatility.
July 25, 2014
08:00 EDTATNYAPI Technologies awarded million dollar order for satellite communication system
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July 24, 2014
08:26 EDTATNYAPI Technologies wins new $2M order for radar indicator solution
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July 21, 2014
10:02 EDTWFCOn The Fly: Analyst Downgrade Summary
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08:36 EDTWFCWells Fargo downgraded to Hold from Buy at Rafferty Capital
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July 18, 2014
08:01 EDTATNYAPI Technologies awraded new radar program order
API Technologies announced it has received a new order for critical RF/microwave filtering technology and high-reliability electronics for shipboard radar systems. Current fiscal year bookings for the program are expected to exceed $2M.

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