Brief: Performant Financial enters into new credit agreement

Performant Healthcare

17/08/2017 22:06

Aug 17 (Reuters) - Performant Financial Corp  PFMT.O : 
    * Performant Financial Corp says on August 7, 2017, co, 
through co's unit, entered into a new credit agreement with ECMC 
Group - SEC filing  
    * Performant Financial Corp - new credit agreement provides 
for term loan facility in the initial amount of $44 million 
    * Performant-new credit agreement provides up to $15 
million additional term loans that may be drawn until second 
anniversary of funding of initial term loan 
    * Performant Financial-on Aug 11,initial term loan was 
advanced, proceeds applied to repay outstanding amounts owed 
under credit agreement entered March 19, 2012 
    * Performant Financial- in connection with advance of 
initial term loan, issued to ECMC warrant to purchase upto 3.8 
million shares at exercise price of $1.92 per share 
 
Source text: (http://bit.ly/2uNaw5V) 
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