Brief: Educational Development Executed Fourth Amendment To Existing Credit Agreement With BOKF, NA

Educational Development

28/12/2023 21:13

Dec 28 (Reuters) - Educational Development Corp
 EDUC.O :
    * EDUCATIONAL DEVELOPMENT CORP - ON DECEMBER 21, CO EXECUTED
FOURTH AMENDMENT TO EXISTING CREDIT AGREEMENT WITH BOKF, NA
    * EDUCATIONAL DEVELOPMENT - AMENDMENT, EFFECTIVE DEC 1,
INCREASES
REVOLVING LOAN COMMITMENT TO $8 MILLION AND EXTENDS MATURITY
DATE TO MAY 31, 2024
    * EDUCATIONAL DEVELOPMENT -  AMENDMENT ALSO ALLOWS CO TO
EXECUTE
ADDITIONAL PURCHASE ORDERS, NOT TO EXCEED $2.1 MILLION BETWEEN
DEC 1, 2023 & MARCH 31, 2024

Further company coverage:  EDUC.O 

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