April 4, 2017 / 6:46 PM / 6 months ago

BRIEF-Blucora announces proposed $425 mln senior secured credit facilities

April 4 (Reuters) - Blucora Inc

* Blucora announces proposed $425,000,000 senior secured credit facilities

* Blucora - intends to use proceeds of senior secured term loan facility to repay all amounts outstanding under taxact - hd vest 2015 credit facility

* Blucora Inc - intends to use part of proceeds to redeem all of co’s outstanding convertible senior notes due 2019

* Blucora- proposed senior secured credit facilities consisting of new $375 million senior secured term loan facility, new $50 million revolving credit facility Source text for Eikon: Further company coverage:

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