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Encore Wire upsizes revolver to $200 million
By Sara Rosenberg
New York, Sept. 1 - Encore Wire Corp. increased its revolving credit facility to $200 million from $150 million, according to a company news release.
The upsizing was done to accommodate the company's growth and to meet increased working capital requirements.
Bank of America is the agent on the deal.
Encore Wire is a McKinney, Texas-based manufacturer of copper electrical wire for interior wiring in homes, apartments, manufactured housing and commercial and industrial buildings.
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