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Stock Market & Financial Investment News

News For IVC From The Last 14 Days
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September 30, 2014
07:33 EDTIVCInvacare announces amendment to credit agreement
Invacare Corporation announced that it has amended its credit agreement effective September 30. The amended agreement provides the company with additional flexibility in calculating its financial covenants through the duration of the credit agreement. In calculating the company’s financial covenants, the credit agreement amendment provides an add back to the company’s EBITDA for warranty accruals up to $10,000,000 and subtracts cash payments when actually paid in future periods.

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