CDI Corp. Closes New $150 Million Credit Facility
Summary
The new five-year credit agreement, maturing in October 2020, may be used for working capital and general corporate purposes, as well as permitted acquisitions and investments. In addition, the credit agreement includes an accordion feature that enables the Company, under certain circumstances, to increase borrowing capacity under the facility by up to $75 million. Terms and conditions of the credit facility are described in the Companys Form 8-K, which was filed today with the Securities and Exchange Commission. Learn more about CDI at www.cdicorp.com This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance and involve a number of risks, uncertainties and assumptions that are difficult to predict.