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BRIEF-Franklin Covey says revolving line of credit raised to $30 mln
May 24, 2016 / 9:46 PM / a year ago

BRIEF-Franklin Covey says revolving line of credit raised to $30 mln

May 24 (Reuters) - Franklin Covey Co

* Entered into fifth modification agreement to its existing amended and restated secured credit agreement with Jpmorgan Chase Bank, N.A.

* Says fifth modification agreement provides a term loan from lender for $15.0 Mln- Sec filing

* Franklin says fifth modification agreement increases maximum principal amount of revolving line of credit from $30.0 million to $40.0 million

* Franklin says fifth modification agreement will extend maturity date of restated credit agreement from march 31, 2018 to march 31, 2019 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)

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