April 11 (Reuters) - Front Yard Residential Corp:
* ON APRIL 5, CO ACTING THROUGH ITS UNITS, AMENDED & EXTENDED ITS EXISTING $250.0 MILLION LOAN AND SECURITY AGREEMENT
* AMENDED EXISTING AGREEMENT THROUGH ENTRY INTO SECOND AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (“AMENDMENT AGREEMENT”)
* FRONT YARD SAYS UNDER TERMS EXTENDED TERMINATION DATE BY 2 YEARS TO APRIL 5, 2020, WITH ADDITIONAL 1-YR EXTENSION TO APRIL 5, 2021 - SEC FILING
* UNDER TERMS, REDUCED INTEREST RATE SPREAD OVER ONE-MONTH LIBOR FROM 3.25% TO 3.00%
* UNDER TERMS, RETAINED MAXIMUM AGGREGATE BORROWING AMOUNT OF $250 MILLION Source text: (bit.ly/2qp5veV) Further company coverage:
