June 18, 2020 / 8:23 PM / 19 days ago

BRIEF-CPSI Announces Refinancing Of Credit Facilities To Create Flexibility For More Opportunistic Future Uses Of Capital

June 18 (Reuters) - Computer Programs and Systems Inc :

* CPSI ANNOUNCES THE REFINANCING OF CREDIT FACILITIES TO CREATE FLEXIBILITY FOR MORE OPPORTUNISTIC FUTURE USES OF CAPITAL AND PROVIDES UPDATE ON CURRENT MARKET CONDITIONS

* CPSI - ANNOUNCED REFINANCING OF EXISTING CREDIT FACILITIES BY ENTERING INTO AN AMENDED & RESTATED CREDIT AGREEMENT

* COMPUTER PROGRAMS AND SYSTEMS - CREDIT AGREEMENT INCREASES MAXIMUM BORROWING CAPACITY UNDER REVOLVING CREDIT FACILITY TO $110 MILLION

* CPSI - CREDIT AGREEMENT DECREASES AMOUNT OUTSTANDING UNDER TERM LOAN FACILITY FROM $87 MILLION TO $75 MILLION Source text for Eikon: Further company coverage:

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