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The latest announcement is out from The Dixie Group ( (DXYN) ).
The Dixie Group has entered into a new $75 million revolving credit facility with MidCap Financial IV Trust, effective February 25, 2025. This move replaces its previous credit facility with Fifth Third Bank National Association. The new credit agreement, secured by the company’s assets, is designed to improve financial flexibility and includes financial covenants and conditions to maintain minimum EBITDA thresholds and excess availability. The agreement is set to mature on February 25, 2028.
More about The Dixie Group
YTD Price Performance: -13.69%
Average Trading Volume: 17,288
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $7.87M
See more data about DXYN stock on TipRanks’ Stock Analysis page.