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BRIEF-UQM Technologies enters into a non-revolving line of credit for $5.6 mln with a bank
March 20, 2017 / 8:59 PM / 5 months ago

BRIEF-UQM Technologies enters into a non-revolving line of credit for $5.6 mln with a bank

March 20 (Reuters) - UQM Technologies Inc -

* On March 15, 2017, UQM Technologies entered into a non-revolving line of credit for $5.6 million with a bank

* Interest rate is variable based upon one month libor rate plus 4.0 pct per annum on outstanding balance and payable monthly

* Non-revolving line of credit will expire on March 15, 2019, amounts repaid during term of loan may not be reborrowed- SEC filing Source text for Eikon: [bit.ly/2n7nExu] Further company coverage:

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