Brief: Tiptree Inc Says Co And Its Unit Entered Into A Credit Agreement, Dated As Of February 21, 2020 With Lenders
21/02/2020 21:11
Feb 21 (Reuters) - Tiptree Inc TIPT.O :
* TIPTREE INC - CO AND ITS UNIT ENTERED INTO A CREDIT
AGREEMENT,
DATED AS OF FEBRUARY 21, 2020 WITH LENDERS - SEC FILING
* TIPTREE - BORROWER BORROWED $125 MILLION UNDER CREDIT
AGREEMENT
TO REFINANCE BORROWER'S OLD CREDIT AND TO FUND WORKING CAPITAL,
GENERAL CORPORATE PURPOSES
* TIPTREE - ON FEBRUARY 21, 2020, TIPTREE REPAID IN FULL AND
TERMINATED ITS CREDIT AGREEMENT, DATED AS OF SEPTEMBER 18, 2013
Source text: (https://bit.ly/39Sq5te)
Further company coverage: TIPT.O
((Reuters.Briefs@thomsonreuters.com;))