Brief: Tiptree Says Unit Entered Into A 5th Amendment To Its Credit Agreement Dated As Of September 18, 2013

Tiptree

07/05/2018 22:03

May 7 (Reuters) - Tiptree Inc  TIPT.O :
    * TIPTREE INC SAYS ON MAY 4, UNIT ENTERED INTO A FIFTH
AMENDMENT
TO ITS CREDIT AGREEMENT DATED AS OF SEPTEMBER 18, 2013 - SEC
FILING
    * TIPTREE INC - AMENDMENT PROVIDES FOR ADDITIONAL TERM LOANS
IN AN
AGGREGATE PRINCIPAL AMOUNT OF $47 MILLION BY CERTAIN OF LENDERS
TO UNIT
    * TIPTREE INC - AMENDMENT PROVIDES THAT INCREMENTAL TERM
LOANS
WILL BE MADE AT 99.0% OF PAR
    * TIPTREE INC - AMENDMENT EXTENDS MATURITY DATE OF ALL TERM
LOANS
UNDER CREDIT AGREEMENT FROM SEPT 18, 2018 TO SEPT 18, 2020

Source text: (https://bit.ly/2HW7djw)
Further company coverage:  TIPT.O 

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