HP secures $1 billion credit facility

HP secures $1 billion credit facility

In a regulatory filing HP announced that it had secured a 364-day revolving credit facility for general corporate purposes. HP Inc. (HP) has secured a 364-day revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent, for a senior, unsecured...
Ecoburotic to close UK subsidiary?

Ecoburotic to close UK subsidiary?

Matthew Carslake, the Loyalty Accounts Manager at Ecoburotic UK Ltd announces the business is to close. Describing it as the “End of an era” Carslake announced that “Ecoburotic UK is closing down” and “Guess I’m on the hunt for something new now.” Ecoburotic UK...
New hall concept for Remanexpo at Paperworld 2021

New hall concept for Remanexpo at Paperworld 2021

Three zones, new sustainability award: Hall 6.1. will focus on the three key sectors of the office imaging market. Reuse, Distribution and a Print Plus zone will enable the fair to showcase the full spectrum of the market to the widest direct and indirect market. The...
HP: Revenues down 11.2% in Q2

HP: Revenues down 11.2% in Q2

The OEM has released its second quarter results for fiscal 2020, recording an 11.2% drop in net revenue from the prior-year period. HP Inc. and its subsidiaries announced fiscal 2020 second quarter net revenue of $12.5 billion (€11.36 billion), down 11.2% from the...