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P&F INDUSTRIES INC (PFIN) Create: Alert

All | News | Filings
Date FiledTypeDescription
06/20/2019 8-K Asset disposition
Docs: "P&F Industries Completes Sale of Real Property MELVILLE, N.Y. June 19, 2019 - P&F Industries, Inc. announced that effective June 18, 2019, its subsidiary, Florida Pneumatic Manufacturing Corporation, completed the sale of real property located in Jupiter, Florida in which it conducts its principal operations . The Jupiter Facility was purchased by Jupiter Warehouse Holdings LLC, an unrelated third party, for a final purchase price of $9.2 million. After broker fees and other expenses relating to the sale and Florida Pneumatic’ s new lease, the Company received approximately $8.7 million. Upon the closing, the Company paid off its term loans with a total principal amount of approximately $413,000, with the balance of the net proceeds paying down the Company’ s revolver loan balance. The Com..."
06/22/2007 8-K Other Events, Financial Statements and Exhibits

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