Brief: Gms Inc;s Indirect Subsidiary Entered Into The Second Amended And Restated Abl Credit Agreement

GMS

23/12/2022 13:17

Dec 23 (Reuters) - GMS Inc  GMS.N :
    * ON DEC 22, CO'S INDIRECT SUBSIDIARY ENTERED INTO THE
SECOND
AMENDED AND RESTATED ABL CREDIT AGREEMENT
    * ABL CREDIT AGREEMENT AMENDS THE COMPANY’S EXISTING
ASSET-BASED
REVOLVING CREDIT FACILITY
    * AMENDMENT INCREASING THE REVOLVING COMMITMENTS AVAILABLE
THEREUNDER TO $950 MILLION
    * AMENDMENT EXTENDS THE MATURITY DATE OF AGREEMENT BY FIVE
YEARS
FROM THE CLOSING DATE OF THE ABL CREDIT AGREEMENT
    * AMENDMENT INCLUDES THE ABILITY TO BORROW IN CANADIAN
DOLLARS IN
AN AMOUNT NOT TO EXCEED $200 MILLION

Further company coverage:  GMS.N 
 ((Reuters.Briefs@thomsonreuters.com))