Brief: Forestar Group Says Effective April 16, Co, JPMorgan Chase Bank, Lenders, Entered Into Amendment No.2 To Credit Agreement Dated As Of August 16, 2018

Forestar

20/04/2021 11:19

April 20 (Reuters) - Forestar Group Inc  FOR.N :
    * FORESTAR GROUP - EFFECTIVE APRIL 16, CO, JPMORGAN CHASE
BANK,
LENDERS, ENTERED INTO AMENDMENT NO. 2 TO CREDIT AGREEMENT DATED
AS OF AUGUST 16, 2018
    * FORESTAR GROUP - PURSUANT TO TERMS, ADMINISTRATIVE AGENT,
LENDERS AGREED TO EXTEND FACILITY TERMINATION DATE TO APRIL 16,
2025
    * FORESTAR GROUP - PURSUANT TO TERMS, ADMINISTRATIVE AGENT,
LENDERS AGREED TO INCREASE AGGREGATE COMMITMENT TO $410 MILLION
    * FORESTAR GROUP - PURSUANT TO TERMS, ADMINISTRATIVE AGENT,
LENDERS AGREED TO MODIFY PRICING FOR OUTSTANDING COMMITMENTS
UNDER REVOLVING CREDIT FACILITY
    * FORESTAR - AGENT, LENDERS, AGREED TO INCREASE CREDIT
AGREEMENT’S
ACCORDION FEATURE TO PERMIT AGGREGATE COMMITMENT TO BE INCREASED
UP TO $600 MILLION

Source: [ID: https://bit.ly/3ee2Hu8]
Further company coverage:  FOR.N 

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