USA: Elder-Beerman Closes Deal on Financing Agreements
By just-style.com | 22 May 2000
The Elder-Beerman Stores Corp. (Nasdaq/NMS:) today announced that it has completed its previously announced financing agreements with Citibank, N.A., for three year renewals of the company's working capital revolving credit facility and its accounts receivables securitization facility. The new lending agreements replace existing agreements with Citibank that have terms expiring at the end of 2000.
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