Brief: The Beachbody Company Announces Amendments To Term Loan
08/04/2024 21:25
April 8 (Reuters) - Beachbody Company Inc BODI.N :
* THE BEACHBODY COMPANY (NYSE: BODI) ANNOUNCES AMENDMENTS TO
ITS
TERM LOAN
* BEACHBODY COMPANY INC - AS PART OF AMENDMENT, BODI IS
PAYING
DOWN $4 MILLION IN DEBT, REDUCING OUTSTANDING BALANCE TO $25.5
MILLION
* BEACHBODY COMPANY INC - MINIMUM LIQUIDITY COVENANT WILL BE
REDUCED BY SAME AMOUNT, FROM $22 MILLION TO $18 MILLION
Source text for Eikon: ID:nBw6cdVhqa
Further company coverage: BODI.N
((Reuters.Briefs@thomsonreuters.com;))
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