Dépêches

RoadSafe Traffic Systems Secures New, Five-Year, $30 Million Credit Facility

Dépèche transmise le 13 octobre 2011 par Business Wire

CHICAGO--(BUSINESS WIRE)--RoadSafe Traffic Systems, Inc., one of the largest nationwide providers of traffic safety services and products and pavement marking services, today announced it has successfully secured a new, five-year, $30 million credit facility with PNC Bank, N.A., one of the nation’s premier financial organizations.

The refinancing provides the company with a strong financial resource to pay off its existing bank debt, long-term access to significant liquidity for working capital needs and to fund future growth plans of the company.

About RoadSafe Traffic Systems, Inc.

RoadSafe Traffic Systems, Inc. (www.RoadSafeTraffic.com) is one of the nation's largest providers of traffic safety services and products and pavement marking services, with more than 22 branch offices in the East, Southeast, Midwest, MidSouth and Western regions of the U.S. to serve the nation.