Brief: Blucora Enters Into $270 Million Amended And Restated Credit Facility

Avantax

24/01/2023 21:50

Jan 24 (Reuters) - Blucora Inc  BCOR.O :
    * BLUCORA ENTERS INTO $270 MILLION AMENDED AND RESTATED
CREDIT
FACILITY
    * BLUCORA INC - AMENDED AND RESTATED CREDIT AGREEMENT
PROVIDES FOR
A DELAYED DRAW TERM LOAN FACILITY OF UP TO A MAXIMUM PRINCIPAL
AMOUNT OF $270 MILLION
    * BLUCORA INC - MATURITY DATE OF DELAYED DRAW TERM LOAN
FACILITY
AND REVOLVING CREDIT FACILITY IS JANUARY 24, 2028
    * BLUCORA INC - AMENDED AND RESTATED CREDIT AGREEMENT
PROVIDES FOR
REVOLVING CREDIT FACILITY WITH AN ADDITIONAL COMMITMENT AMOUNT
OF $50 MILLION
    * BLUCORA INC - NO AMOUNTS WERE BORROWED UNDER DELAYED DRAW
TERM
LOAN FACILITY OR REVOLVING CREDIT FACILITY AS OF JANUARY 24,
2023

Source text for Eikon:  ID:nGNX9zVf8c 
Further company coverage:  BCOR.O 
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