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Tuesday Morning changes credit facility

Published : Fri, 20 Apr 2007 17:23
By : Agencies
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DALLAS (AP) - Discount home accessories retailer Tuesday Morning Corp. on Friday said it amended its existing revolving credit facility.

The amended facility provides for the extension of the original maturity date to Dec. 22, 2010, from Dec. 22, 2009, and reduction of the revolving credit facility from $210 million to $200 million, among other revisions.

Tuesday Morning operates 799 stores in 46 states.

Shares rose 7 cents to $14.50 on the Nasdaq Stock Market.

Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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