FGI Industries amends East West Bank loan, extends maturity to April 2027

Reuters04-03
FGI Industries amends East West Bank loan, extends maturity to April 2027
  • FGI Industries refinanced its bank facility through an amended and restated business loan agreement with East West Bank, signed March 27, 2026.
  • Facility maturity extended to April 17, 2027; maximum borrowing amount maintained at USD 18 million, subject to borrowing base limits.
  • Pricing set at Prime Rate plus 0% to 1.5%, subject to a 4.5% minimum rate.
  • Credit agreement requires monthly EBITDA tests up to USD 1.6 million on a consolidated basis.
  • Loan secured by all assets of FGI Industries; guarantees include FGI Industries parent, certain subsidiaries, Liang Chou Chen.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FGI Industries Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-023287), on April 02, 2026, and is solely responsible for the information contained therein.

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