Harry Winston Gets $40 Million More Credit

Harry Winston Diamond Corp.’s retail subsidiary, Harry Winston Inc., has added $40 million to its existing credit agreement.  

That $40 million has been added to its recently completed $260 million secured five-year credit agreement.  

The amended facility of $300 million has no scheduled repayments required prior to the maturity date, which remains Aug. 30, 2017. There were no changes to the existing credit agreement covenants, interest rates, borrowing base, or maturity date.

Harry Winston recently denied reports that it plans to sell its retail division.

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