RiteScreen Company Completes Debt Refinancing to Capitalize Company for Growth
Elizabethville, Pennsylvania--(Newsfile Corp. - September 23, 2019) - The RiteScreen Company, LLC, the largest independent manufacturer of window and patio door screens in North America, announced it successfully completed a refinancing and has entered into a new credit facility with U.S. Bank N.A. RiteScreen will use the proceeds, along with operating cash flow, to repay its existing debt, pay a dividend to Seven Point Equity Partners and its investors, invest in new product development, and fund working capital needs. The...
2019-09-23 11:02 AM EDT