Forum Energy ups revolver’s letter-of-credit sublimit to $45 million

By Sarah Lizee

Olympia, Wash., Feb. 5 – Forum Energy Technologies, Inc. amended its credit agreement with Wells Fargo Bank, NA on Monday, increasing the revolver’s sublimit for U.S. letters of credit to $45 million from $25 million, according to an 8-K filing with the Securities and Exchange Commission.

Forum Energy Technologies is a Houston-based manufacturer of oilfield products and related after-market technical services in the oil and natural gas industry.

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