Reuters logo
BRIEF-99 Cents Only Stores LLC ‍announces proposed amendment to term loan credit facility​
September 19, 2017 / 4:27 PM / 3 months ago

BRIEF-99 Cents Only Stores LLC ‍announces proposed amendment to term loan credit facility​

Sept 19 (Reuters) - 99 Cents Only Stores Llc:

* Announced launch of a proposed amendment to its term loan credit facility- SEC filing​

* Under proposed amendment, maturity date of term loan facility would be extended to January 13, 2022 - SEC filing

* Says proposed amendment would increase interest rate of facility by 1% per annum

* Says amendment to reallocate about $130 million first lien term loans held by co’s equity sponsors to new second lien term loan ​ Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below