Tantalus Systems restructures debt, expands credit facility to $20M

Seeking Alpha ·

Tantalus Systems ( TGMPF ) said on Tuesday it amended its credit facility with Fifth Third Bank, increasing total commitments to $20M. The amended facility includes a $12M revolving credit facility extended to June 2029, a new $3.5M five-year term loan, and $4.5M in letters of credit

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