Brief: Franklin Covey Co Says On August 7, 2019, Co And Certain Of Its Subsidiaries Entered Into A Credit Agreement

Franklin Covey

08/08/2019 21:57

Aug 8 (Reuters) - Franklin Covey Co  FC.N :
    * FRANKLIN COVEY CO - ON AUGUST 7, 2019, CO AND CERTAIN OF
ITS
SUBSIDIARIES ENTERED INTO A CREDIT AGREEMENT
    * FRANKLIN COVEY CO - CREDIT AGREEMENT PROVIDES UP TO $25.0
MILLION IN TERM LOANS AND A $15.0 MILLION REVOLVING LINE OF
CREDIT
    * FRANKLIN COVEY-UPON ENTERING INTO AGREEMENT, WILL BORROW
$20.0
MILLION TERM LOAN, USE PROCEEDS TO REPAY ALL INDEBTEDNESS UNDER
ORIGINAL CREDIT AGREEMENT

Source: http://bit.ly/2yL8Byp
Further company coverage:  FC.N 

 ((Reuters.Briefs@thomsonreuters.com;))