Brief: Grand Canyon Education Inc - On Oct 31, Entered A Second Amendment To Amended And Restated Credit Agreement

Grand Canyon Education

06/11/2019 23:29

Nov 6 (Reuters) - Grand Canyon Education Inc  LOPE.O :
    * GRAND CANYON EDUCATION INC -  ON OCT 31, ENTERED A SECOND
AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT
    * GRAND CANYON EDUCATION INC -  AMENDMENT INCREASED
REVOLVING
COMMITMENT UNDER CREDIT AGREEMENT BY $68.8 MILLION TO $150.0
MILLION
    * GRAND CANYON EDUCATION INC -  AMENDMENT REDUCED TERM LOAN
UNDER
CREDIT AGREEMENT BY SAME $68.8 MILLION TO $150.6 MILLION
    * GRAND CANYON EDUCATION - AMENDMENT INCREASES CERTAIN LOAN
TO
FINANCE CAPITAL EXPENDITURES BY GRAND CANYON UNIVERSITY FROM
$200.0 MILLION TO $300.0 MILLION

Source: (https://bit.ly/2PUgFXe)
Further company coverage:  LOPE.O 

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