Unique Fabricating, Inc. Announces Extension of Forbearance Agreement through February 28, 2022
ACCESSWIRE
15 Jun 2021, 06:19 GMT+10
AUBURN HILLS, MI / ACCESSWIRE / June 14, 2021 / Unique Fabricating, Inc. (NYSE American:UFAB), a leader in engineering and manufacturing multi-material foam, rubber, and plastic components utilized in noise, vibration, and harshness management and air/water sealing applications for the transportation, appliance, medical, and consumer markets, today announced the extension of our Forbearance Agreement with our Lenders through February 28, 2022. We have been working collaboratively with our lenders and we remain appreciative of their continued support, said Doug Cain, President and Chief Executive Officer. Our Lenders understand the well-documented and ongoing uncertainty in the Transportation Market regarding the timing of the full resolution of the chip shortage challenges. This agreement provides the Company continued access to our credit facili
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