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BRIEF-Tesla Motors enters into fifth amendment to ABL credit agreement, dated as of June 10, 2015
December 20, 2016 / 10:37 PM / in 10 months

BRIEF-Tesla Motors enters into fifth amendment to ABL credit agreement, dated as of June 10, 2015

Dec 20 (Reuters) - Tesla Motors Inc

* Amended credit agreement to permit borrowers to obtain up to $50 million of additional commitments pursuant to terms of credit agreement

* Warehouse agreement amendment increased maximum facility limit under warehouse agreement from $300 million to $600 million

* On December 15, entered into fifth amendment to ABL credit agreement, dated as of June 10, 2015

* Credit agreement amendment increased revolving commitments under credit agreement by $200.0 million, increasing it to $1.2 billion

* On Dec 15, 2016, Tesla Finance LLC (TFL) and Tesla 2014 Warehouse SPV LLC entered amendment no. 2 to loan and security agreement, dated Aug 31, 2016 Source text for Eikon: Further company coverage:

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