Featured News Release
4/23/15 6:00 pm EDT
ELYRIA, Ohio--(BUSINESS WIRE)--As part of the Company’s ongoing plan to manage its capital structure,
Invacare Corporation (NYSE: IVC) announced today that it has secured
$23.0 million in a sale and leaseback transaction. The Company sold and
leased back under long-term leases, five of its properties located in
Ohio and Florida. The net proceeds from the transaction will be used to
reduce debt on the Company’s revolving asset-based credit facility.
''We are pleasedmore...
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