Ethan Allen Announces Completion of Senior Note Redemption
(Thomson Reuters ONE) -
DANBURY CT - March 19, 2015. - Ethan Allen Interiors Inc. (NYSE: ETH) announced
today the repayment of its $129.4 million outstanding Senior Notes. The Company
had previously announced the completion of a new $150 million credit facility.
The Company's Chairman, President and CEO Farooq Kathwari stated, "We are
pleased that we have continued to strengthen our financial structure. Part of
our cash along with borrowings under the new credit facility were used to
complete the transaction."
About Ethan Allen
Ethan Allen Interiors Inc. (NYSE: ETH) is a leading interior design company and
manufacturer and retailer of quality home furnishings. The company offers
complimentary interior design service to its clients and sells a full range of
furniture products and decorative accessories through ethanallen.com and a
network of approximately 300 Design Centers in the United States and abroad.
Ethan Allen owns and operates eight manufacturing facilities including five
manufacturing plants and one sawmill in the United States plus one plant in each
of Mexico and Honduras. Approximately seventy percent of its products are made
in its North American plants. For more information on Ethan Allen's products and
services, visit ethanallen.com.
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Ethan Allen Interiors Inc. via GlobeNewswire
[HUG#1904870]
Unternehmensinformation / Kurzprofil:
Datum: 19.03.2015 - 15:59 Uhr
Sprache: Deutsch
News-ID 379865
Anzahl Zeichen: 1987
contact information:
Town:
DANBURY
Kategorie:
Business News
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