Armstrong Flooring, Inc. (AFI) News
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Below are the latest news stories about Armstrong Flooring Inc that investors may wish to consider to help them evaluate AFI as an investment opportunity.
Various price increases will go into effect on March 1, 2022LANCASTER, Pa., Jan. 14, 2022 (GLOBE NEWSWIRE) -- Armstrong Flooring announced it will increase U.S. prices effective March 1, 2022 to offset rising input costs. For select Residential products, price increases will range from 0-10%. For select Commercial products, price increases will range from 0-15%. The previously announced and implemented ocean and freight surcharges will remain in place. “Armstrong Flooring continues its strong co
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150-year-old flooring company increases debt capacity to pursue growth
After a tumultuous 2021, Armstrong Flooring announced that it had put itself up for sale today.
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By Dhirendra Tripathi
ARMSTRONG FLOORING ANNOUNCES AMENDMENTS TO ABL AND TERM LOAN FACILITIES; RECEIVES $35 MILLION CAPITAL INFUSION; ANNOUNCES PROCESS FOR SALE OF THE COMPANY AND CONSIDERATION OF OTHER STRATEGIC ALTERNATIVES
Armstrong Flooring, Inc. (NYSE:AFI) a leader in the design and manufacture of innovative flooring solutions, announced it has successfully amended its ABL Credit Facility and Term Loan Facility today. These amendments, which received unanimous support from the Company's ABL and Term Loan lenders, provide certain covenant modifications under the Company's ABL and Term Loan facilities through June 30, 2022.