Apr. 15 at 1:59 PM
Noble Capital Markets Research Report: Commercial Vehicle Group (
$CVGI) – Sale/Leaseback; Continuing Positive Class 8 Orders
Sale/Leaseback. Commercial Vehicle Group has completed a sale-leaseback transaction for its manufacturing facility in Vonore, Tennessee, which generated
$16 million in proceeds. The Company used the net proceeds from the transaction to prepay a portion of its existing term loan facility, thereby reducing the Company’s leverage profile.
Read full report here: https://www.channelchek.com/news-channel/commercial-vehicle-group-cvgi-sale-leaseback-continuing-positive-class-8-orders