Natural Alternatives International, Inc. Announces Amended and Extended Credit Facility with Wells Fargo Bank
Natural Alternatives International (Nasdaq: NAII), a leading nutritional supplements manufacturer, has announced an amended credit facility with Wells Fargo Bank. The modified agreement extends the term to December 31, 2026 and adjusts the borrowing capacity to $10 million.
CEO Mark A. Le Doux highlighted that the company's strong balance sheet enabled this facility amendment, which is expected to support working capital needs as NAII pursues revenue growth and aims to restore sustainable profitability.
Natural Alternatives International (Nasdaq: NAII), un importante produttore di integratori nutrizionali, ha annunciato una modifica alla linea di credito con Wells Fargo Bank. L'accordo aggiornato estende la durata fino al 31 dicembre 2026 e adegua la capacità di indebitamento a 10 milioni di dollari.
Il CEO Mark A. Le Doux ha sottolineato che la solida situazione finanziaria dell'azienda ha permesso questa modifica, che si prevede sosterrà le esigenze di capitale circolante mentre NAII punta alla crescita dei ricavi e al ripristino di una redditività sostenibile.
Natural Alternatives International (Nasdaq: NAII), un destacado fabricante de suplementos nutricionales, ha anunciado una modificación en su línea de crédito con Wells Fargo Bank. El acuerdo modificado extiende el plazo hasta el 31 de diciembre de 2026 y ajusta la capacidad de endeudamiento a 10 millones de dólares.
El CEO Mark A. Le Doux destacó que la sólida situación financiera de la empresa permitió esta enmienda, que se espera apoye las necesidades de capital de trabajo mientras NAII busca aumentar sus ingresos y restaurar una rentabilidad sostenible.
Natural Alternatives International (나스닥: NAII)는 선도적인 영양 보충제 제조업체로서 웰스파고 은행과의 신용 시설을 수정했다고 발표했습니다. 수정된 계약은 만기를 2026년 12월 31일로 연장하고 차입 한도를 1,000만 달러로 조정합니다.
CEO 마크 A. 르 두는 회사의 견고한 재무 상태가 이번 시설 수정을 가능하게 했으며, NAII가 매출 성장을 추구하고 지속 가능한 수익성을 회복하는 데 필요한 운전자본을 지원할 것으로 기대된다고 강조했습니다.
Natural Alternatives International (Nasdaq : NAII), un fabricant de compléments nutritionnels de premier plan, a annoncé une modification de sa facilité de crédit avec Wells Fargo Bank. L'accord modifié prolonge la durée jusqu'au 31 décembre 2026 et ajuste la capacité d'emprunt à 10 millions de dollars.
Le PDG Mark A. Le Doux a souligné que la solidité financière de l'entreprise a permis cet amendement, qui devrait soutenir les besoins en fonds de roulement alors que NAII cherche à accroître ses revenus et à restaurer une rentabilité durable.
Natural Alternatives International (Nasdaq: NAII), ein führender Hersteller von Nahrungsergänzungsmitteln, hat eine geänderte Kreditfazilität mit Wells Fargo Bank bekanntgegeben. Die modifizierte Vereinbarung verlängert die Laufzeit bis zum 31. Dezember 2026 und passt die Kreditaufnahme auf 10 Millionen US-Dollar an.
CEO Mark A. Le Doux betonte, dass die starke Bilanz des Unternehmens diese Änderung ermöglichte, die voraussichtlich den Bedarf an Betriebskapital unterstützt, während NAII Umsatzwachstum anstrebt und nachhaltige Profitabilität wiederherstellen will.
- Extended credit facility term to December 31, 2026
- Strong balance sheet position acknowledged by Wells Fargo
- Secured $10 million borrowing capacity for working capital needs
- Company currently not achieving sustainable profitability
- Requires external financing for working capital needs
Insights
NAI secures extended $10M credit facility with Wells Fargo through 2026, strengthening liquidity position while working toward profitability restoration.
Natural Alternatives International has successfully amended its credit facility with Wells Fargo, extending the term through December 31, 2026, with a
The CEO's statement about the facility being "made possible by the strength of our balance sheet" suggests NAI maintains sufficient financial health to secure favorable lending terms despite what appears to be recent profitability challenges. The reference to "returning the business to sustainable profitability" indicates current profitability issues, though the company views this extended credit facility as a key enabler for its turnaround strategy.
This amended facility represents a vote of confidence from a major financial institution in NAI's business fundamentals and recovery prospects. For nutritional supplement manufacturers, maintaining adequate working capital is crucial for inventory management, research and development, and navigating industry cycles. The renewed facility provides NAI operational flexibility through late 2026, creating a stable financial platform for executing its growth initiatives in the competitive nutritional supplements space.
CARLSBAD, Calif., June 23, 2025 (GLOBE NEWSWIRE) -- Natural Alternatives International, Inc. ("NAI") (Nasdaq: NAII), a leading formulator, manufacturer and marketer of customized nutritional supplements, today announced the execution of an amended credit facility with Wells Fargo Bank, NA (“Wells Fargo”). This amendment modifies the current facility extending the term of the agreement to December 31, 2026 and modifies the borrowing capacity to
Mark A. Le Doux, Chairman and Chief Executive Officer of NAI stated, “We are grateful for our long-standing relationship with Wells Fargo and we believe this amended credit facility is made possible by the strength of our balance sheet. We believe this facility will be sufficient to support our working capital needs as we continue to strive towards continued top-line revenue growth and returning the business to sustainable profitability.”
NAI, headquartered in Carlsbad, California, is a leading formulator, manufacturer and marketer of nutritional supplements and provides strategic partnering services to its customers. Our comprehensive partnership approach offers a wide range of innovative nutritional products and services to our clients including scientific research, clinical studies, proprietary ingredients, customer-specific nutritional product formulation, product testing and evaluation, marketing management and support, packaging, and delivery system design, regulatory review, and international product registration assistance. For more information about NAI, please see our website at http://www.nai-online.com.
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 that are not historical facts and information. These statements represent our intentions, expectations and beliefs concerning future events, including, among other things, our future revenue, profits and financial condition. We wish to caution readers these statements involve risks and uncertainties that could cause actual results and outcomes for future periods to differ materially from any forward-looking statement or views expressed herein. NAI's financial performance and the forward-looking statements contained herein are further qualified by other risks, including those set forth from time to time in the documents filed by us with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K.
SOURCE - Natural Alternatives International, Inc.
CONTACT – Michael Fortin, Chief Financial Officer, Natural Alternatives International, Inc., at 760-736-7700 or investor@nai-online.com.
Website: http://www.nai-online.com
FAQ
What are the terms of NAII's amended credit facility with Wells Fargo?
Why did Natural Alternatives International (NAII) amend its credit facility?
Who is the CEO of Natural Alternatives International (NAII)?
What does Natural Alternatives International (NAII) do?
How will the Wells Fargo credit facility benefit NAII shareholders?
