Brief: Escalade Inc - Entered Into Third Amendment To Amended And Restated Credit Agreement Dated As Of Jan 21, 2019

Escalade

14/12/2020 23:34

Dec 14 (Reuters) - Escalade Inc  ESCA.O :
    * ESCALADE INC - CO AND UNIT ENTERED INTO THIRD AMENDMENT TO
AMENDED AND RESTATED CREDIT AGREEMENT DATED AS OF JAN 21, 2019
    * ESCALADE INC - UNDER TERMS OF THIRD AMENDMENT, MAXIMUM
AVAILABILITY UNDER SENIOR REVOLVING CREDIT FACILITY INCREASED TO
$75MLN, UP FROM $50 MILLION
    * ESCALADE INC - MATURITY DATE OF REVOLVING CREDIT FACILITY
WAS
EXTENDED TO DECEMBER 14, 2023
    * ESCALADE - AUTHORIZED RESETTING AGGREGATE LIMIT ON AMOUNT
AVAILABLE TO BE EXPENDED FOR STOCK REPURCHASES TO $15 MILLION
UNDER STOCK REPURCHASE PROGRAM

Source text for Eikon: [https://bit.ly/2IPKc3t]
Further company coverage:  ESCA.O 

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