Brief: Educational Development - On August 9, Executed Credit Agreement For Fixed Rate Term Loan Of $15 Million, Floating Rate Term Loan Of $21 Million

Educational Development

11/08/2022 21:45

Aug 11 (Reuters) - Educational Development Corp  EDUC.O :
    * EDUCATIONAL DEVELOPMENT - ON AUGUST 9, EXECUTED CREDIT
AGREEMENT
FOR FIXED RATE TERM LOAN OF $15 MILLION, FLOATING RATE TERM LOAN
OF $21 MILLION
    * EDUCATIONAL DEVELOPMENT - ON AUGUST 9, EXECUTED CREDIT
AGREEMENT
FOR REVOLVING PROMISSORY NOTE OF UP TO $15 MILLION
    * EDUCATIONAL DEVELOPMENT - ON AUG. 9, REPAID ALL DEBT,
TERMINATED
OBLIGATIONS UNDER AMENDED AND RESTATED LOAN AGREEMENT DATED FEB
15, 2021

Further company coverage:  EDUC.O 

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