Encore Wire upsizes revolver to $200 million

By Sara Rosenberg

New York, Sept. 1 - Encore Wire Corp. increased its revolving credit facility to $200 million from $150 million, according to a company news release.

The upsizing was done to accommodate the company's growth and to meet increased working capital requirements.

Bank of America is the agent on the deal.

Encore Wire is a McKinney, Texas-based manufacturer of copper electrical wire for interior wiring in homes, apartments, manufactured housing and commercial and industrial buildings.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.