Brief: Team Inc Announces Commitment For Refinancing Of Capital Structure

Team

25/05/2023 11:26

May 25 (Reuters) - Team Inc  TISI.N :
    * TEAM, INC. ANNOUNCES COMMITMENT FOR REFINANCING OF CAPITAL
STRUCTURE
    * TEAM INC- ENTERED INTO A COMMITMENT LETTER WITH CORRE
MANAGEMENT
PARTNERS, LLC FOR A NEW $57.5 MILLION, 12% SENIOR SECURED FIRST
LIEN TERM LOAN
    * TEAM INC- ALSO ENTERED INTO A COMMITMENT LETTER WITH
ECLIPSE
BUSINESS CAPITAL LLC FOR A NEW $27.4 MILLION TERM LOAN

Source text for Eikon:  ID:nGNX7FNnf2 
Further company coverage:  TISI.N 

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