- Rimini Street entered Amendment No. 1 on March 27, 2026 to its amended and restated credit agreement dated April 30, 2024 with lenders led by Capital One.
- Amendment raises permitted restricted payments starting fiscal year ending Dec. 31, 2026 to USD 20 million per year, subject to credit agreement conditions.
- Cap on restricted payments made on or after Jan. 1, 2026 remains USD 50 million in aggregate, subject to applicable conditions.
- Restricted payments include share repurchases, redemptions, or other acquisitions of Rimini Street common stock for value.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rimini Street Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001635282-26-000027), on April 01, 2026, and is solely responsible for the information contained therein.
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