Brief: Legacy Housing, Prosperity Bank Enter Into Credit Agreement

Legacy Housing (Texas)

02/08/2023 11:39

Aug 2 (Reuters) - Legacy Housing Corp  LEGH.O :
    * LEGACY HOUSING CORP - ON JULY 28 CO AND PROSPERITY BANK
ENTERED
INTO A CREDIT AGREEMENT
    * LEGACY HOUSING CORP - PURSUANT TO AGREEMENT, PROSPERITY
WILL
PROVIDE LEGACY WITH A $50 MILLION CREDIT FACILITY
    * LEGACY HOUSING CORP - AGREEMENT ALSO INCLUDES A $25
MILLION
ACCORDION FEATURE
    * LEGACY HOUSING CORP - ON JULY 28, 2023, LEGACY TERMINATED
ITS
CREDIT AGREEMENT WITH CAPITAL ONE, NATIONAL ASSOCIATION

Further company coverage:  LEGH.O 

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