Brief: Aterian Extends Asset Backed Credit Facility With Midcap Financial
26/02/2024 12:53
Feb 26 (Reuters) - Aterian Inc ATER.O :
* ATERIAN INC: EXTENDED ASSET BACKED CREDIT FACILITY WITH
MIDCAP
FINANCIAL
* ATERIAN INC: CREDIT FACILITY TERM HAS BEEN EXTENDED TO
DECEMBER
2026
* ATERIAN: EXTENSION REDUCES MINIMUM LIQUIDITY FINANCIAL
COVENANT
TO $6.8 MILLION OF CASH ON HAND AND/OR AVAILABILITY IN CREDIT
FACILITY
Source text for Eikon: ID:nGNX1MhnHY
Further company coverage: ATER.O
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