RoadSafe Traffic Systems secures new five-year, $30 million credit facility
| October 13, 2011 |
RoadSafe Traffic Systems Inc., one of the largest nationwide providers of traffic safety services and products and pavement marking services, 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.
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