BRIEF-Palantir Technologies Says Co & Unit Entered Into Amendment No. 11 To Revolving Credit Agreement & Incremental Agreement
Reuters2021-04-03
April 2 (Reuters) - Palantir Technologies Inc :
* PALANTIR TECHNOLOGIES - ON APRIL 1, CO, UNIT PALANTIR USG ENTERED INTO AMENDMENT NO. 11 TO REVOLVING CREDIT AGREEMENT & INCREMENTAL AGREEMENT
* PALANTIR TECHNOLOGIES - AMENDMENT PROVIDES FOR INCREASE OF $200 MILLION TO REVOLVING COMMITMENTS OF EXISTING LENDERS UNDER EXISTING CREDIT AGREEMENT
* PALANTIR TECHNOLOGIES - AMENDMENT PROVIDES FOR INCREMENTAL LOAN FACILITY OF ADDITIONAL TERM LOANS OR REVOLVING LOANS OF UP TO $100 MILLION
* PALANTIR TECHNOLOGIES - AT CLOSING OF ELEVENTH AMENDMENT, PREPAID ALL OF ITS OUTSTANDING TERM LOANS UNDER CREDIT AGREEMENT IN AMOUNT OF $200 MILLION
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