Brief: ACV Auctions Inc Entered Into A First Lien Revolving Credit Agreement Which Provides For A $160 Mln Revolving Credit Facility

ACV Auctions

27/08/2021 23:13

Aug 27 (Reuters) - ACV Auctions Inc  ACVA.O :
    * ACV AUCTIONS INC -  ON AUGUST 24, ENTERED INTO A FIRST
LIEN
REVOLVING CREDIT AGREEMENT WHICH PROVIDES FOR A $160.0 MILLION
REVOLVING CREDIT FACILITY
    * ACV AUCTIONS INC -  CREDIT AGREEMENT MATURING FIVE YEARS
FROM
DATE OF CREDIT AGREEMENT
    * ACV AUCTIONS - AGREEMENT INCLUDES A SUBFACILITY PROVIDING
FOR
ISSUANCE OF LETTERS OF CREDIT IN AN AMOUNT OF UP TO $20.0
MILLION AT ANY TIME OUTSTANDING

Source text for Eikon: [https://bit.ly/3zqIcn5]
Further company coverage:  ACVA.O 

 ((Reuters.Briefs@thomsonreuters.com;))