Tuesday, July 20, 2004

Black Box Corporation Renews $120M Credit Facility

Black Box Corporation (NASDAQ:BBOX) announced today that it has renewed its existing credit facility for $120 million with terms substantially similar to its previous agreement. The current effective interest rate under this facility is LIBOR plus 75 basis points, or approximately 1.9%.

The Company’s revolving credit agreement is with a group of banks, with Citizens Bank of Pennsylvania as agent. The other banks include Wachovia Securities, as documentation agent; Comerica Bank, Fifth Third Bank, Fleet National Bank, National City Bank of Pennsylvania and Comerica Bank, all as co-agents; and Key Bank National Association and Mellon Bank, N.A., both as lenders. The agreement was extended until August 31, 2008.

Black Box is the world's largest technical services company dedicated to designing, building, and maintaining today's complicated network infrastructure systems. Black Box services clients of all sizes in 132 countries throughout the world.

Investor Contact:
Black Box Corporation
Mike McAndrew
Fax: 724-873-6799
E-mail: investors@blackbox.com

Share It   


You have added this item to your cart.

Important message about your cart:

You requested more of "" than the currently available. The quantity has been changed to them maximum quantity available. View your cart.

Black Box 1-800-316-7107 Black Box Network Services