Apogee extends $150 million term loan until April 2021

By Wendy Van Sickle

Columbus, Ohio, April 13 – Apogee Enterprises, Inc. has extended the maturity date of its $150 million term loan until April 2021, according to a news release.

“We are pleased that we were able to work together with our banking partners to swiftly complete this extension, giving our company increased financial flexibility,” James S. Porter, executive vice president and chief financial officer, said in a news release. “Completing this extension, along with our strong cash flow and unused borrowing capacity on our revolving credit facilities, provides us with significant liquidity to manage our business.”

Minneapolis-based Apogee provides value-added glass products and services.

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