Brief: Insperity Says Entered Into Fourth Amendment To Amended And Restated Credit Agreement

Insperity

06/07/2022 22:08

July 6 (Reuters) - Insperity Inc  NSP.N :
    * INSPERITY- ON JUNE 30 CO ENTERED INTO THE FOURTH AMENDMENT
TO
AMENDED AND RESTATED CREDIT AGREEMENT
    * INSPERITY- AGREEMENT AMENDS EXISTING AMENDED AND RESTATED
CREDIT
AGREEMENT, DATED AS OF FEB 6, 2018
    * INSPERITY- AGREEMENT INCREASES AGGREGATE PRINCIPAL AMOUNT
THAT
CO MAY BORROW UNDER REVOLVING CREDIT FACILITY THEREUNDER FROM
$500 MILLION TO $650 MILLION
    * INSPERITY- AGREEMENT INCREASES AGGREGATE PRINCIPAL AMOUNT
TO
WHICH FACILITY MAY BE INCREASED, SUBJECT TO CERTAIN TERMS AND
CONDITIONS, TO $700 MILLION
    * INSPERITY- AGREEMENT EXTENDS THE MATURITY DATE OF THE
FACILITY
TO JUNE 30, 2027

Source: (https://bit.ly/3Aun9U8)
Further company coverage:  NSP.N 

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