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January 25, 2013
08:41 EDTIECIEC Electronics amends, extends bank agreement
IEC Electronics announced that it has amended its credit facility with Manufacturers and Traders Trust to, among other changes, convert a portion of its long term and revolving debt to term loans with fixed or effectively fixed rates, lower the interest rate range on certain existing and new advances, extend certain maturity dates, lower the range of unused line fees, and eliminate excess cash flow prepayment requirements. Additionally, the revolving credit facility will continue to provide for maximum borrowings of $20M.
News For IEC From The Last 14 Days
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August 28, 2014
09:57 EDTIECOn The Fly: Analyst Upgrade Summary
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09:00 EDTIECIEC Electronics upgraded to Buy from Hold at Noble Financial
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August 27, 2014
08:36 EDTIECIEC Electronics notified by customer to prepare $20M in anticipated orders
IEC Electronics has received notification from an existing medical customer to commence procurement of materials to support orders currently anticipated to be at least $20M expected to ship over the course of IEC's fiscal 2015.
August 14, 2014
14:29 EDTIECVintage raises stake in IEC Electronics to 7.1% from 6.3%
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