Armstrong flooring expands capital resources and liquidity

Lancaster, pa.--(business wire)--armstrong flooring, inc. (nyse: afi) (“armstrong flooring” or the “company”), a leader in the design and manufacture of innovative flooring solutions, today announced that it has amended its senior secured asset-based revolving credit facility (“abl facility”), modifying the facility size to $90 million with a maturity date in december 2023 and an interest rate on borrowings based on libor with a floor of 1.00% plus a spread of 2.75% to 4.00%. the amendment prov
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