Wolverine boosts finances and considers “possibl - sportstextiles: Lea SportsTextiles

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Wolverine boosts finances and considers “possible future acquisitions”

20/07/2015
Outdoor footwear group Wolverine Worldwide has secured a new $450 million loan and a $500 million revolving credit facility, boosting its existing credit facility by $300 million.

Wolverine said it intended to use its newly extended borrowing capacity “to continue to invest in growth”. It said specifically that this includes “possible future acquisitions”.



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