Brief: Hennessy Advisors says entered into $35 mln term loan agreement

Hennessy Advisors

23/09/2015 21:24

Sept 23 (Reuters) - Hennessy Advisors Inc  HNNA.O : 
 * Says on September 17, 2015, Hennessy Advisors Inc entered into a term loan 
   agreement - SEC filing 
 * Original principal amount of loan is $35 million, which amount is payable in 
   49 installments, with final payment on September 17, 2019 
 * Says announced preliminary results of self-tender offer to repurchase up to 1 
   million shares of outstanding common stock 
 * Approximately 1.8 million shares of common stock were properly tendered and 
   not properly withdrawn 
 
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