Brief: Ontrak Inc - Entered An Eighth Amendment To Co’S Note Purchase Agreement Originally Dated As Of Sept 24, 2019

Ontrak

08/03/2022 23:05

March 8 (Reuters) - Ontrak Inc  OTRK.O :
    * ONTRAK INC - ENTERED AN EIGHTH AMENDMENT TO CO’S NOTE
PURCHASE
AGREEMENT ORIGINALLY DATED AS OF SEPT 24, 2019
    * ONTRAK - AMENDED CERTAIN FINANCIAL COVENANTS INTENDED TO
INCREASE CO'S FINANCIAL FLEXIBILITY
    * ONTRAK - EIGHTH AMENDMENT ELIMINATED LIBOR AS A REFERENCE
INTEREST RATE SUCH THAT NOTES ONLY BEAR INTEREST AT BASE RATE
GOING FORWARD

Source text for Eikon: [https://bit.ly/3vQtib5]
Further company coverage:  OTRK.O 

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