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BRIEF-Relm Wireless, on Jan 17, co, unit, amended loan, security agreement dated as of Oct. 23, 2008
January 18, 2017 / 2:22 PM / 8 months ago

BRIEF-Relm Wireless, on Jan 17, co, unit, amended loan, security agreement dated as of Oct. 23, 2008

Jan 18 (Reuters) - Relm Wireless Corp

* Relm Wireless - on Jan 17, co, unit, amended their loan and security agreement dated as of October 23, 2008 - sec filing

* Relm Wireless Corp- credit facility’s maturity date has been extended to December 27, 2017 from December 28, 2016- sec filing

* Relm Wireless- variable rate at which borrowings under credit facility bear interest increased from prime rate to prime rate plus 25 basis points

* Relm Wireless - under sixth amendment, maximum borrowing availability under Co's credit facility with SVB has been reduced to $1.0 million from $2.0 million Source text (bit.ly/2jyUA0f) Further company coverage:

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