Brief: Couchbase Entered Into A Loan And Security Agreement On Feb 7

Couchbase

09/02/2024 22:06

Feb 9 (Reuters) - Couchbase Inc  BASE.O :
    * COUCHBASE INC - ON FEBRUARY 7, CO ENTERED INTO A LOAN AND
SECURITY AGREEMENT
    * COUCHBASE INC -  LOAN AGREEMENT PROVIDES FOR A THREE-YEAR
SENIOR
SECURED REVOLVING LOAN FACILITY IN PRINCIPAL AMOUNT OF UP TO
$25.0 MILLION
    * COUCHBASE-AGREEMENT IS INTENDED TO REPLACE SIMILAR CREDIT
FACILITY CO PREVIOUSLY HAD IN PLACE WITH SILICON VALLEY BANK
THAT CO TERMINATED IN JUNE 2023

Source text for Eikon:  ID:n0001845022-24-000004 
Further company coverage:  BASE.O 

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