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Mogo (NASDAQ:MOGO) amends its existing senior credit facility with funds managed by affiliates of Fortress Investment Group. The amendments lower the effective interest rate from a maximum of 9% plus LIBOR with a LIBOR floor of 1.5%, to 8% plus LIBOR with no floor. In addition, the amendment increases the available loan capital from $50M to $60M and extends the maturity date by three years from July 2, 2022 to July 2, 2025.