Brief: Eplus Says Units Entered Into Amendment No. 9 To Both Its Amended And Restated Agreement In Connection With Its Credit Facility

ePlus

03/04/2020 23:03

April 3 (Reuters) - ePlus inc  PLUS.O :
    * EPLUS INC - ON MARCH 31, UNITS  ENTERED INTO AMENDMENT NO.
9 TO
BOTH ITS AMENDED AND RESTATED AGREEMENT IN CONNECTION WITH ITS
CREDIT FACILITY
    * EPLUS - AMENDMENTS PROVIDE FOR A TEMPORARY INCREASE IN
AGGREGATE
CREDIT LIMIT TO $300 MILLION FOR 90-DAY PERIOD ENDING MAY 5,
2020
    * EPLUS - AMENDMENTS PROVIDE FOR TEMPORARY INCREASE IN
ACCOUNTS
RECEIVABLE SUB-LIMIT FROM $50 MILLION TO $75 MILLION, FOR 60-DAY
PERIOD ENDING APRIL 14, 2020

Source: https://bit.ly/2JCcgUH
Further company coverage:  PLUS.O 

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