Air Freight and Logistics
Company Overview of ModusLink Corporation
Company Overview
1100 Winter Street
Suite 4600
Waltham, MA 02451
United States
Founded in 1997
Phone:
781-663-5000
Fax:
781-663-5100
Key Executives for ModusLink Corporation
ModusLink Corporation Key Developments
On October 31, 2012, ModusLink Global Solutions, Inc. and two of its domestic subsidiaries, ModusLink Corporation and ModusLink PTS, Inc. entered into a credit agreement with Wells Fargo Bank, National Association as lender and agent for the lenders party thereto, whereby the lender provided to the borrowers a senior asset secured revolving credit facility up to an initial aggregate principal amount of $50,000,000. The credit facility replaces the $15.0 million revolving credit facility the company and certain of its domestic subsidiaries had with Bank of America, N.A., Silicon Valley Bank and HSBC National Association, which expired by its terms on October 31, 2012. The credit facility permits the company to increase the aggregate principal amount by up to an additional $20,000,000 at the borrowers’ request and at the discretion of lender upon certain conditions being met. The lender agreed, subject to the terms of the credit agreement, to make funds available for borrowers’ use, from time to time, upon request of the borrowers. The borrowers can also decrease the size of the credit facility at their request, but not below the greater of $40,000,000 and the amount outstanding under the credit facility on that date. The credit facility terminates on October 31, 2015. Each borrowing under the credit facility shall be comprised entirely of base rate loans, LIBOR rate loans, or letters of credit as the borrowers may request.
Similar Private Companies By Industry
| Company Name | Region |
| Capital Cargo International Airlines, Inc. | United States |
| Air Cargo Associates, Inc. | United States |
| ClearPointt, LLC | United States |
| Avnet Logistics U.S., L.P. | United States |
| Sataria Distribution and Packaging, Inc. | United States |
Recent Private Companies Transactions
| Type Date |
Target | |
| No transactions available in the past 12 months. | ||
Most Searched Private Companies
| Company Name | Geographic Region |
| Bertelsmann AG | Europe |
| Lawyers Committee for Civil Rights Under Law | United States |
| NYC2012, Inc. | United States |
| Rush University | United States |
| Citizens Budget Commission | United States |
Post a JobJobs
- Seattle, WA | Freight ForwardingPosted: Sep 23
- Duluth, GA | NCRPosted: May 17
- Phoenix, AZ | England LogisticsPosted: May 20
- Chelsea, MA | Hellmann Worldwide LogisticsPosted: May 18
Sponsored Financial Commentaries
Sponsored Links
To contact ModusLink Corporation, please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.
Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.
