Hudson expands credit line
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- April
- 22
Hudson Technologies Inc., a Pearl River company that decontaminates refrigeration equipment, said this morning it has expanded its borrowing agreement with Keltic Financial Partners to $15 million.
Before the changes to its agreement with Keltic, Hudson had the ability to borrow up to $10 million. The new agreement will be in place through June 2011.
Hudson can increase the borrowing limit to $20 million by meeting certain conditions.
“The expansion of our credit line supports our continued development and growth,” said Kevin J. Zugibe, Hudson’s chairman and chief executive.
This entry was posted
on Tuesday, April 22nd, 2008 at 9:23 am by Allan Drury.
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