Phoenix secures revolving credit
16/06/2008
Multi-brand footwear and accessories company, Phoenix Footwear Group, has announced that it has entered into a new $17 million revolving credit facility with Wells Fargo Bank.
The new facility, which is expandable to $20 million with the consent of the lender, had $8.3 million in
borrowings, net of cash, outstanding as of June 16.
Share this story:
