Brief: Cardlytics Announces Partial Drawdown Of Line Of Credit In Response To Uncertainty In The Financial Sector
14/03/2023 22:50
March 14 (Reuters) - Cardlytics Inc CDLX.O :
* CARDLYTICS ANNOUNCES PARTIAL DRAWDOWN OF LINE OF CREDIT IN
RESPONSE TO UNCERTAINTY IN THE FINANCIAL SECTOR
* CARDLYTICS INC: BORROWED $30.0 MILLION UNDER ITS AVAILABLE
$60.0
MILLION LINE OF CREDIT WITH PACIFIC WESTERN BANK
* CARDLYTICS INC: PROACTIVELY DRAWING DOWN ON OUR LINE OF
CREDIT
IS PRUDENT GIVEN RECENT UNCERTAINTY IN FINANCIAL SECTOR
* CARDLYTICS INC - ARE CONFIDENT IN MEETING OUR LIQUIDITY
AND
PROFITABILITY GOALS
Source text for Eikon: ID:nGNX2pK58X
Further company coverage: CDLX.O
((Reuters.Briefs@thomsonreuters.com;))
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