Printer Friendly

GIBSON GREETINGS, INC., ANNOUNCES NEW REVOLVING CREDIT AGREEMENT

 CINCINNATI, May 3 /PRNewswire/ -- Gibson Greetings, Inc. (NASDAQ: GIBG), today announced that it had consummated a new $210 million, three year revolving credit facility with a group of 11 banks replacing the similar existing facility. Bankers Trust Company acted as Agent. The facility will provide funds for general corporate purposes and future growth. Currently, the company has no outstanding borrowings under this facility.
 -0- 5/3/93
 /CONTACT: Ward A. Cavanaugh, vice president - finance, Gibson Greetings, Inc., 513-841-6675/
 (GIBG)


CO: Gibson Greetings, Inc. ST: Ohio IN: HOU SU: FNC

AR -- CL013 -- 3629 05/03/93 09:38 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:May 3, 1993
Words:98
Previous Article:LCI INTERNATIONAL UNVEILS 800 SERVICE SELECT OPTION AS THE NATION IMPLEMENTS 800 PORTABILITY
Next Article:CHRYSLER CHAIRMAN ISSUES STATEMENT ON JEROME YORK DECISION TO JOIN IBM
Topics:


Related Articles
INTEREST RATE SWAPS AT GIBSON GREETINGS, INC. RESULTED IN $3 MILLION REALIZED LOSS AND $14.5 MILLION ADDITIONAL MARKET EXPOSURE
GIBSON GREETINGS, INC. ANNOUNCES FINAL YEAR-END RESULTS
GIBSON GREETINGS, INC. ANNOUNCES YEAR-END RESULTS;
GIBSON ENTERS INTO NEW REVOLVING BANK CREDIT LINE
GIBSON GREETINGS, INC. ANNOUNCES 1996 FIRST QUARTER RESULTS
GIBSON GREETINGS, INC. ANNOUNCES 1996 SECOND QUARTER AND FIRST HALF RESULTS.
Gibson Greetings, Inc. Announces 1997 First Quarter Results
Gibson Greetings Reports Earnings for Fourth Quarter and 1997 Full Year
Gibson Greetings Expects Loss for 1998 Third Quarter.
Gibson Greetings Expects to Report Loss for First Quarter of 1999.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters