Brief: Salem Media Says Agreement Provides Lenders May Make, On Several And Not Joint Basis, Revolving Loans To Borrowers In Amount Not To Exceed $30 MLN

Salem Media

10/04/2020 17:38

April 10 (Reuters) - Salem Media Group Inc  SALM.O :
    * SALEM MEDIA GROUP - CO, CERTAIN UNITS OF CO AND THOSE
ADDITIONAL
ENTITIES THAT BECOME PARTIES TO CREDIT AGREEMENT ENTERED INTO
AMENDMENT NUMBER THREE
    * SALEM MEDIA GROUP - AGREEMENT PROVIDES LENDERS MAY MAKE,
ON
SEVERAL AND NOT JOINT BASIS, REVOLVING LOANS TO BORROWERS IN
AMOUNT NOT TO EXCEED $30 MILLION
    * SALEM MEDIA GROUP INC - THIRD AMENDMENT EXTENDS MATURITY
DATE
FROM MAY 19, 2022 TO MARCH 1, 2024

Source text - (https://bit.ly/2VgwQzr)
Further company coverage:  SALM.O 

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