Brief: Rent The Runway Announces Corporate Debt Restructuring
31/01/2023 14:19
Jan 31 (Reuters) - Rent the Runway Inc RENT.O :
* RENT THE RUNWAY ANNOUNCES CORPORATE DEBT RESTRUCTURING
* RENT THE RUNWAY INC - COMBINATION OF EXTENDED MATURITY AND
REDUCED CASH INTEREST PAYMENTS, TOTALING OVER $20M IN CASH
DURING NEXT TWO YEARS
* RENT THE RUNWAY-AMENDED FACILITY EXTENDS MATURITY DATE
FROM OCT
2024 TO OCTOBER 2026, REDUCES CASH INTEREST PAYMENTS, AND AMENDS
CERTAIN OTHER TERMS
Source text for Eikon: ID:nGNX2c1sF5
Further company coverage: RENT.O
((Reuters.Briefs@thomsonreuters.com;))