Napco Security Technologies (NSSC) has released an update.
On February 9, 2024, a company updated its credit agreement with HSBC Bank USA, extending the deal until 2029 and increasing its credit line from $11 million to $20 million. The revision also transitions the interest rate benchmark from LIBOR to SOFR, aligning with current financial market practices.
For further insights into NSSC stock, check out TipRanks’ Stock Analysis page.
