Unless otherwise stated, all amounts are in US dollars. TORONTO — VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA; OTCQX: VFORF) announced today that it had entered into a second amended and restated credit agreement (
TORONTO -- VerticalScope Holdings Inc. (“VerticalScope” or the “Company”) (TSX: FORA; OTCQX: VFORF) announced today that it had entered into a second amended and restated credit agreement (such agreement, the “A&R Credit Agreement”), amending and restating the Company’s existing credit agreement with Capital One (the “Existing Credit Agreement”). The A&R Credit Agreement was amended and restated to remove the single term loan tranche under the Existing Credit Agreement and increase the revolving loan commitments under the Existing Credit Agreement to $100 million. The credit facility has been extended and will now mature on October 4, 2028. The A&R Credit Agreement contains representations and warranties, affirmative and negative covenants and events of default, and is secured on a basis consistent in material respects with the Existing Credit Agreement. Read More
