Brief: Allbirds Entered Into Amendment Agreement With Jpmorgan Chase Bank

Allbirds

19/04/2023 22:04

April 19 (Reuters) - Allbirds Inc  BIRD.O :
    * ALLBIRDS-ON APRIL 17, ENTERED INTO AMENDMENT AGREEMENT
WITH
JPMORGAN CHASE BANK IN RESPECT OF THAT CERTAIN CREDIT AGREEMENT,
DATED AS OF FEB 20, 2019
    * ALLBIRDS INC -  SECOND AMENDMENT AMENDED TERMS OF CREDIT
AGREEMENT TO INCREASE COMMITTED AMOUNT FROM $40 MILLION TO $50
MILLION
    * ALLBIRDS INC - SECOND AMENDMENT EXTENDS MATURITY DATE FROM
FEBRUARY 20, 2024 TO APRIL 17, 2026
    * ALLBIRDS INC -  SECOND AMENDMENT AMENDED TERMS OF CREDIT
AGREEMENT TO INCREASE UNCOMMITTED INCREMENTAL BORROWING CAPACITY
FROM $35 MILLION TO $50 MILLION


Further company coverage:  BIRD.O 

 ((Reuters.Briefs@thomsonreuters.com;))