FILING ANALYSIS · FRIDAY, OCTOBER 9

ARTS WAY MANUFACTURING CO INC ARTW — 8-K: Entry into a Material Definitive Agreement

neutral

The company has taken on a $956,000 term loan with Bank Midwest to purchase a new fiberoptic laser and crane system, which may indicate investment in growth but also increases debt, and the interest rate is 6.65% for the first 60 payments, then floats at 1-month SOFR plus 3.1%

The filing

8-K - ARTS WAY MANUFACTURING CO INC (0000007623) (Filer)

Read the filing on SEC EDGAR →

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