Brief: Tiptree Says Units Of Fortegra Group, Inc Entered Into A Three-Year $125.0 Mln Secured Credit Agreement

Tiptree

11/10/2023 21:54

Oct 11 (Reuters) - Tiptree Inc  TIPT.O :
    * TIPTREE INC:  ON OCT 6, UNITS OF FORTEGRA GROUP, INC
ENTERED
INTO A THREE-YEAR $125.0 MILLION SECURED CREDIT AGREEMENT
    * TIPTREE INC: NEW CREDIT AGREEMENT, AMONG OTHER THINGS,
EXTENDS
MATURITY DATE OF CREDIT FACILITY FROM OCTOBER 2023 TO OCTOBER
2026
    * TIPTREE INC:  NEW CREDIT AGREEMENT, INCREASES TOTAL
REVOLVING
CREDIT COMMITMENTS FROM $100.0 MILLION TO $125.0 MILLION

Further company coverage:  TIPT.O 

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