APRN - Blue Apron +1% after landing new credit line

Blue Apron (APRN) discloses that the company entered into a new $35M credit facility. The term loan bears interest at a rate equal to LIBOR (subject to a 1.50% floor) plus 8.00% per annum. Blue Apron says the principal amount of the term loan will be repayable in equal quarterly installments of $875K through December 31, 2022, with the remaining unpaid principal amount of the term loan repayable on March 31, 2023. SEC Form 8-K See Blue Apron's financials.APRN +1.01% in AH trading.

For further details see:

Blue Apron +1% after landing new credit line