Brief: Clarus Corporation Upsizes Existing Senior Credit Facility To $225 Million

Clarus

01/07/2021 21:11

July 1 (Reuters) - Clarus Corp  CLAR.O :
    * CLARUS CORPORATION UPSIZES EXISTING SENIOR CREDIT FACILITY
TO
$225 MILLION
    * CLARUS - UNDER TERMS , CLARUS HAS ACCESS TO AN INCREASED
REVOLVING CREDIT FACILITY OF $100 MILLION AND AN INCREASED $125
MILLION TERM LOAN
    * CLARUS CORP - FACILITY INCLUDES AN UNCOMMITTED ACCORDION
FEATURE
OF $50 MILLION, FOR A TOTAL BORROWING CAPACITY OF UP TO $275
MILLION

Source text for Eikon:  ID:nGNX72yhvb 
Further company coverage:  CLAR.O 

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