Brief: Resources Connection Says Co, Resources Connection LLC And Co’s Domestic Units Entered Into Credit Agreement

Resources Connection

16/11/2021 21:32

Nov 16 (Reuters) - Resources Connection Inc  RGP.O :
    * RESOURCES CONNECTION - ON NOV 12, CO, RESOURCES CONNECTION
LLC
AND CO’S DOMESTIC UNITS ENTERED INTO CREDIT AGREEMENT
    * RESOURCES CONNECTION - FACILITY PROVIDES FOR $175.0
MILLION
SECURED REVOLVING LOAN, INCLUDES $10 MILLION SUBLIMIT FOR
ISSUANCE OF STANDBY LETTERS OF CREDIT
    * RESOURCES CONNECTION - CREDIT FACILITY INCLUDES AN OPTION
TO
INCREASE AMOUNT OF REVOLVING LOAN UP TO AN ADDITIONAL $75.0
MILLION
    * RESOURCES CONNECTION - CREDIT FACILITY IS SCHEDULED TO
MATURE
NOVEMBER 12, 2026

Further company coverage:  RGP.O 

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