EMCOR Receives $275 Million Credit Facility
November 1, 2002
EMCOR Group entered into a new five-year, $275 million revolving credit agreement with banks led by Harris Trust and Savings Bank. The new agreement allows EMCOR to incur up to an additional $200 million of long-term debt to be used for working capitol and possible acquisitions. It replaces the company's $150 million, three-year credit facility that would have expired June 2003.