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Ethan Allen draws down $20 million more under revolver
By Wendy Van Sickle
Columbus, Ohio, April 1 – Ethan Allen Interiors Inc. drew down an addictional $20 million under its $165 million revolving credit facility, according to a news release.
The drawdown is in addition to the $80 million of borrowings under the revolver announced on March 23 and brings cash and investments on hand to approximately $110 million as of March 31.
Ethan Allen is a Danbury, Conn.-based interior design company and manufacturer and retailer of quality home furnishings.
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