Financing package for LaCrosse Footwear
25/06/2001
LaCrosse Footwear has agreed a three-year financing package from general Electric Capital Corp. The $57.5 million revolving package is to be backed by a three-year $7.5 million term loan from Firstar Bank N.A. The package, say LaCrosse, will give the company more financial flexibility and will help enable it to meet its business goals.