The Literature Network - The Aristotle Corporation Announces New Five Year, $45 Million Revolving Credit Facility.

The Aristotle Corporation Announces New Five Year, $45 Million Revolving Credit Facility.

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From: Business Wire
Date: 20031016
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STAMFORD, Conn.--(BUSINESS WIRE)--Oct. 16, 2003

The Aristotle Corporation (Nasdaq:ARTL; ARTLP) announced today that it has entered into a five year, $45 million credit agreement with Bank One, N.A., as Agent, and Johnson Bank -- Wisconsin. The new credit agreement replaces Aristotle's existing debt facility that had a credit capacity of $31 million. In addition to seasonal working capital needs and letters of credit, the new credit arrangement will provide Aristotle with capital for appropriate acquisitions of businesses similar in nature to Aristotle's ...

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