Tattooed Chef Announces $40 Million Credit Facility
PARAMOUNT, Calif., Aug. 08, 2022 (GLOBE NEWSWIRE) -- Tattooed Chef, Inc. (Nasdaq: TTCF) (“Tattooed Chef” or the “Company”) , a leader in plant-based foods, announced today an expanded and extended secured revolving credit facility (“the credit facility”) with UMB Bank, N.A., a subsidiary of UMB Financial Corporation. The credit facility was increased to $40 million from $25 million and has a three-year term set to mature in September 2025. The prior facility, also with UMB, was scheduled to mature in September 2023.
Tattooed Chef Announces $40 Million Credit Facility
PARAMOUNT, Calif., Aug. 08, 2022 (GLOBE NEWSWIRE) -- Tattooed Chef, Inc. (Nasdaq: TTCF) (“Tattooed Chef” or the “Company”) , a leader in plant-based foods, announced today an expanded and extended secured revolving credit facility (“the credit facility”) with UMB Bank, N.A., a subsidiary of UMB Financial Corporation. The credit facility was increased to $40 million from $25 million and has a three-year term set to mature in September 2025. The prior facility, also with UMB, was scheduled to mature in September 2023.