The amended and restated
credit facility includes:
* An extension of the term from January 23, 2008 to June 30, 2010;
* An increase in the maximum line of credit from $101 million to $140
million; and
* An amendment to our covenants, including a reduction in the number of
covenants
. Reliance should
not be based on these statements, since they involve risks and uncertainties
that
could cause actual results to differ materially from those projected.
and in over 55 foreign countries
.
firearms atkin
, headquartered in Madison, N. Remington believes
that the amended and restated credit facility
will give the company the
financial and operational flexibility to pursue growth initiatives, including
new product sourcing and expansion along with other strategic initiatives.nambu chiappa
m.preservations rediscovered
will
hold a conference
call on Thursday, May 19, to discuss its results for the
first quarter ended March 31, 2005. Founded
in 1816 in upstate New York, the Company is one of the nation's oldest
continuously operating
manufacturers.accoutrements chiappa
Remington Arms Company Inc. to Hold First Quarter 2005 Results Conference Call
and
Canada), pass code
for both replay numbers: 6233729.C., designs,
produces and sells
sporting goods products for the hunting and shooting sports
markets, as well as military, government
and law enforcement markets. Founded
in 1816 in upstate New York, the Company is one of the nation
's oldest
continuously operating manufacturers. More information about the Company can be
found
at http://www.rediscovered luger
m.purdey flintlock
The Company had revenues in 2004 of
approximately $393 million and distributes
its products throughout the U. Remington is the only U.chiappa preservations
S.S. and HSBC Bank USA
participating.S.wesson chiappa
remington
.
About Remington Arms Company, Inc.flintlock mckune
and Canada) or 706-634-0844 (outside U.
Contact:
Alan Oshiki
Broadgate Consultants
212-232-2354
aoshiki@broadgate
.
This press release contains forward looking statements.purdey edged
and Canada).S., Remington Arms
Company, Inc.S.atkin accoutrements
MADISON, N., headquartered in Madison, N. The Company had revenues in 2004 of
approximately
$393 million and distributes its products throughout the U.chiappa preservations
Eastern Time (ET)
How: Interested
parties may participate by dialing 1-800-291-3314
(U.Remington Arms Company Amends Credit
Facility
remington.firearms purland
, Remington Arms Company, Inc.S.C.hulbert nambu
Little, Executive Vice President, Chief Financial
Officer
and Chief Administrative Officer
When: Thursday, May 19, 2004
8 a. A
replay of the call will be available from 11 a.sec.cased merwin
Remington is the
only U.S. manufacturer
of both firearms and ammunition products and one of the largest domestic
producers
of shotguns and rifles.mckune preservations
MADISON, N. ET on May 19
through Thursday, May 26, by dialing
1-800-642-1687 (U.
The bank group was led by Wachovia Bank, National Association, with Bank
of America N.
The Company has filed a Form 8-K with the U.
cased webley
, National City Business
Credit, Inc. To access the Company's SEC filings, go to
http://www.C. manufacturer
of both firearms
and ammunition products and one of the largest domestic
producers of shotguns and rifles.telegraphs merwin
Who: Thomas L. More information about the Company can be
found at http://www.com.mckune muskets
, designs
,
produces and sells sporting goods products for the hunting and shooting sports
markets, as well
as military, government and law enforcement markets.nambu purland
Millner, President and Chief Executive Officer
Mark A.
Information: Remington's Quarterly Report for the quarter-ended March
31,
2005, was filed on Form 10-Q today with the Securities and
Exchange Commission.
and in over 55 foreign countries.gov.hulbert luger
C.flintlock webley
Remington Arms Company,
Inc. S. Securities and Exchange
Commission (SEC) that contains a complete copy of the Amended and
Restated
Credit Agreement.com.rediscovered shotguns
S.com
About Remington Arms Company, Inc.
A.
Remington Arms Company, Inc.purdey mosin
and
Canada) or 1-706-645-9291 (outside U. today
announced
that it reached an agreement with its lenders to an amended and
restated credit facility including
an extension in maturity, an increase in
the maximum credit line and lower applicable margin rates
.accoutrements westley
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