Compass Diversified (NYSE: CODI) has secured full access to its $100 million revolving credit facility through an amendment to its credit agreement. This financial boost allows the company and its subsidiaries to maintain operations effectively while reducing leverage. CEO Elias Sabo emphasizes the importance of cash flow generation and strategic actions in enhancing the balance sheet. The Amendment aligns with CODI’s long-term financial goals, focusing on cash flow generation, capital allocation, and operational efficiency. Investors are urged to consider potential risks and uncertainties outlined in the company’s filings to make informed decisions regarding CODI’s future performance.

Read more at GlobeNewswire: Compass Diversified Announces Amendment to Existing Credit