DHX - DHI Group enters into new upsized credit facility
DHI Group (NYSE:DHX) has restated its credit agreement, increasing the size from a $90M revolving credit facility to a $100M revolving credit facility, with an accordion feature for an additional $50M. At the time of closing, DHI will have $30M of the $100 revolver drawn. The facility, previously due to expire in 2023, now has a maturity date of June 2027. "This increase in both facility size and participating banks provides further evidence of the confidence our lenders have in DHI executing its business plan." said Art Zeile, President and CEO.
For further details see:
DHI Group enters into new upsized credit facility