Brief: Progress Announces Amended Credit Facility

Progress Software

07/03/2024 21:25

March 7 (Reuters) - Progress Software Corp  PRGS.O :
    * PROGRESS ANNOUNCES AMENDED CREDIT FACILITY
    * PROGRESS:  AMENDED CREDIT AGREEMENT PROVIDES REVOLVING
CREDIT
FACILITY IN AN  AMOUNT OF $900 MILLION, AND REPLACES CO'S
EXISTING SECURED CREDIT FACILITIES
    * PROGRESS : REVOLVING FACILITIES UNDER AMENDED CREDIT
AGREEMENT
WILL MATURE ON MARCH 7, 2029

Source text for Eikon:  ID:nGNX26DvfK 
Further company coverage:  PRGS.O