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AETI Announces New $8.5 Million Credit Facility

2016-01-05 14:47:26| Industrial Machines - Topix.net

American Electric Technologies Inc. , a leading provider of power delivery solutions for the global energy industry, announced today the Company has entered into a new $8.5 million credit facility with Frost Bank of Texas. The new Credit Facility consists of a $4.0 million revolving line of credit with a two-year term and a $4.5 million declining revolving line of credit.

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