Brief: Acuityads Enters Into New $21.85 Mln Credit Facility With Silicon Valley Bank

illumin Holdings

15/04/2020 14:45

April 15 (Reuters) - AcuityAds Holdings Inc  AT.TO :
    * ACUITYADS ENTERS INTO NEW US$21.85 MILLION CREDIT FACILITY
WITH
SILICON VALLEY BANK - COMPANY TO PREPAY ITS EXISTING HIGHER
INTEREST TERM DEBT
    * ACUITYADS HOLDINGS INC - AMENDED LOAN AGREEMENT PROVIDES
UP TO
ABOUT $21.85 MILLION OF CAPITAL TO ACUITYADS, UP FROM $18
MILLION PREVIOUSLY
    * ACUITYADS HOLDINGS - AMENDED LOAN AGREEMENT INCLUDES
INCREASED
AVAILABILITY UNDER REVOLVING CREDIT FACILITY THAT WILL NOW
MATURE ON APRIL 1, 2022

Source text for Eikon:  ID:nCNWlD5tga 
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 ((Reuters.Briefs@thomsonreuters.com;))