April 26, 2017 / 9:03 PM / 4 months ago

BRIEF-Impinj enters into a third amended and restated loan and security agreement

April 26 (Reuters) - Impinj Inc:

* Impinj - on April 24, 2017, Impinj Inc entered into a third amended and restated loan and security agreement

* Impinj - restated loan agreement provides for a $25.0 million revolving credit facility, with a $5.0 million letter of credit subfacility

* Impinj Inc - revolving credit facility reflects a $10.0 million increase from prior loan agreement and is no longer subject to a borrowing base

* Impinj-Restated loan agreement provides that $10.5 million term loan under prior loan agreement continues to remain outstanding, will mature on May 1, 2020 Source text:(bit.ly/2qfZW0r) Further company coverage:

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