Brief: Lamar Advertising Says On June 30, Co's Units Entered Into Third Amendment, To Receivables Financing Agreement Dated Dec 18, 2018

Lamar Advertising

06/07/2020 21:29

July 6 (Reuters) - Lamar Advertising Co  LAMR.O :
    * LAMAR ADVERTISING CO - ON JUNE 30, CO'S UNITS ENTERED INTO
THIRD
AMENDMENT, TO RECEIVABLES FINANCING AGREEMENT DATED DEC 18, 2018
    * LAMAR ADVERTISING CO - AMENDMENT INCREASES MAXIMUM THREE
MONTH
AVERAGE DELINQUENCY RATIO TO 11% FOR JUNE, JULY & AUGUST
    * LAMAR ADVERTISING CO - AMENDMENT ESTABLISHES A NEW MINIMUM
FUNDING THRESHOLD

Source text [https://bit.ly/3e5hntd]
Further company coverage:  LAMR.O 

 (Reuters.Briefs@thomsonreuters.com)