Alberto-Culver
This article was originally published in The Rose Sheet
Executive Summary
Beauty care manufacturer extends its $300 mil. revolving credit agreement with group of banks from three to five years, firm announces Sept. 2. Agreement between Alberto and Bank of America, Citibank, Bank One, LaSalle Bank, William Street Commitment Corporation and Svenska Handelsbanken was signed Aug. 31. Company notes amended facility will be used for "general corporate purposes, including possible acquisitions," but added it has no plans to draw from it in the near future. Alberto obtained the $300 mil. facility in 2002 (1"The Rose Sheet" Sept. 16, 2002, In Brief)...