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Kimball Electronics ( (KE) ) has shared an announcement.
Kimball Electronics has entered into an amended and restated credit agreement, replacing its previous credit facilities and introducing a new term loan borrowing facility with a $100 million commitment. This agreement, set to mature in December 2029, enhances the company’s financial flexibility by maintaining substantial revolving borrowing commitments and providing options to refinance existing indebtedness, supporting working capital and general corporate purposes.
More about Kimball Electronics
Kimball Electronics, Inc. operates in the electronics manufacturing industry, providing a range of electronic manufacturing services. It focuses on serving diversified markets including automotive, medical, industrial, and public safety sectors.
YTD Price Performance: -32.54%
Average Trading Volume: 111,531
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $448.7M
Find detailed analytics on KE stock on TipRanks’ Stock Analysis page.
