Brief: Exela Amends $115 Million B. Riley Debt Facility To Include Revolving Credit Facility

Exela Technologies

01/04/2022 13:21

April 1 (Reuters) - Exela Technologies Inc  XELA.O :
    * EXELA TECHNOLOGIES AMENDS $115 MILLION B. RILEY DEBT
FACILITY TO
INCLUDE A REVOLVING CREDIT FACILITY
    * EXELA TECHNOLOGIES INC - REVOLVER TO ADD UP TO $50 MILLION
IN
ADDITIONAL LIQUIDITY IN 2022 TO SUPPLEMENT ABOUT $62 MILLION IN
LIQUIDITY AS OF MARCH 31, 2022
    * EXELA TECHNOLOGIES INC - AMENDMENT SUBSTANTIALLY REDUCES
CO'S
2023 DEBT MATURITIES, WITH B. RILEY FACILITY HAVING A CURRENT
BALANCE OF ABOUT $92 MILLION

Source text for Eikon:  ID:nGNX4NTchG 
Further company coverage:  XELA.O 

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