Brief: Joint Says Entered Into Second Amendment To Existing Credit Agreement

Joint

04/03/2022 21:36

March 4 (Reuters) - Joint Corp  JYNT.O :
    * JOINT CORP - ON FEBRUARY 28, 2022, COMPANY ENTERED INTO
SECOND
AMENDMENT TO ITS EXISTING CREDIT AGREEMENT
    * JOINT CORP - 2022 AMENDMENT INCREASES CO’S SENIOR SECURED
REVOLVING LINE OF CREDIT TO $20 MILLION
    * JOINT CORP - 2022 AMENDMENT INCREASES PORTION OF REVOLVER
AVAILABLE FOR LETTERS OF CREDIT TO $5 MILLION
    * JOINT CORP - 2022 AMENDMENT INCREASES UNCOMMITTED
ADDITIONAL
LINE OF CREDIT TO $30 MILLION

Source: (https://bit.ly/3vB7bVT)
Further company coverage:  JYNT.O 

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