Brief: Blucora Enters Into Amendment No. 4 To Its Existing Credit Agreement

Avantax

01/07/2020 21:41

July 1 (Reuters) - Blucora Inc  BCOR.O :
    * BLUCORA INC - ENTERED INTO AMENDMENT NO. 4 TO ITS EXISTING
CREDIT AGREEMENT, DATED AS OF MAY 22, 2017
    * BLUCORA INC - PURSUANT TO AMENDMENT, CREDIT AGREEMENT WAS
AMENDED TO PROVIDE FOR A TERM LOAN INCREASE IN AMOUNT OF $175.0
MILLION
    * BLUCORA - AGREEMENT WAS AMENDED TO INCREASE APPLICABLE
MARGIN
UNDER EXISTING 2024 TERM LOAN & TERM LOAN INCREASE TO 4.00% FOR
EURODOLLAR RATE LOANS
    * BLUCORA INC - AMENDED AGREEMENT TO INCREASE APPLICABLE
MARGIN
UNDER EXISTING 2024 TERM LOAN AND TERM LOAN INCREASE TO 3.00%
FOR ABR LOANS

Source text (https://bit.ly/2YNuXgC)
Further company coverage:  BCOR.O 

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