Brief: Reservoir Media Inc Unit Entered Into Amendment To Fourth Amended And Restated Credit Agreement

Reservoir Media

07/12/2021 21:12

Dec 7 (Reuters) - Reservoir Media Inc  RSVR.O :
    * RESERVOIR MEDIA INC - ON DEC 7, UNIT ENTERED INTO
AMENDMENT TO
FOURTH AMENDED AND RESTATED CREDIT AGREEMENT
    * RESERVOIR MEDIA INC -  FIRST AMENDMENT INCREASES REVOLVING
CREDIT COMMITMENT FROM US$248.75 MILLION TO US$350 MILLION
    * RESERVOIR -  FIRST AMENDMENT AMENDS TOTAL LEVERAGE RATIO
FINANCIAL COVENANT TO TOTAL LEVERAGE RATIO OF NO GREATER THAN
7.50:1.00 AS OF EACH QUARTER-END

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