Brief: nCino Inc - Entered Into A Second Amendment By And Among Company

nCino

18/03/2024 13:33

March 18 (Reuters) - nCino Inc  NCNO.O :
    * NCINO INC - ENTERED INTO A SECOND AMENDMENT BY AND AMONG
COMPANY, NCINO OPCO, INC., CERTAIN SUBSIDIARIES OF COMPANY AS
GUARANTORS
    * NCINO -  PURSUANT TO SECOND AMENDMENT BANK OF AMERICA, N.A
IS
PROVIDING TO BORROWER A SENIOR SECURED REVOLVING CREDIT FACILITY
OF UP TO $100 MILLION
    * NCINO INC - PORTION OF THE FUNDS AVAILABLE UNDER THE
AMENDMENT
WILL BE USED TO FUND THE ACQUISITION OF DOCFOX
    * NCINO INC: DOCFOX DEAL FOR $75 MILLION CASH PURCHASE PRICE
    * NCINO INC - BORROWINGS UNDER THE CREDIT FACILITY ARE
SCHEDULED
TO MATURE ON MARCH 17, 2029

Source text for Eikon:  ID:n0001902733-24-000046 
Further company coverage:  NCNO.O