Dometic has amended the agreement with its bank group. According to Dometic's current assessment, this amended financing agreement creates the necessary flexibility and covenant headroom for the coming four quarters.
"Given the current uncertainties, we have proactively negotiated an amended financing agreement with our bank group. I am pleased with the cooperation with our banks and believe we have found a solid solution reflecting the current situation significantly impacted by the Covid-19 pandemic. We remain fully focused on managing our cash flow and maintaining a solid financial position going forward" says
This information is information that
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ABOUT DOMETIC
Dometic is a global market leader in branded solutions for mobile living in the areas of Food & Beverage, Climate, Power & Control and Other Applications. Dometic operates in the
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