Hancock Fabrics Reports Operating Income of $2.7 Million for the 2014 Fiscal Year, Its Second Consecutive Year of Operating Income, and First Positive Cash Flow from Operations since 2010
Business Wire - Fri May 01, 3:00PM CDT
Hancock Fabrics, Inc. (OTC symbol: HKFI) today announced financial results for its fourth quarter of 2014, which contained 14 weeks, and the 2014 fiscal year ended January 31, 2015, which contained 53 weeks.
Great American Capital Partners Provides $17.5 Million Senior Secured Term Loan Facility to Hancock Fabrics
PR Newswire - Wed Apr 22, 4:10PM CDT
Great American Capital Partners, LLC (GACP), a wholly owned subsidiary of B. Riley Financial, Inc. (OTCQB: RILY), a leading provider of diversified financial and business advisory services, has entered into an agreement with Hancock Fabrics, Inc. (OTCQB: HKFI) to provide a $17.5 million senior secured first-in last-out (FILO) term loan facility. GACP's term loan was in conjunction with a new five-year $100 million asset-based revolving credit facility from Wells Fargo Bank, N.A., which replaces Hancock's existing $100 million facility.
WFC: 55.52 (-0.52)