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BRIEF-Flotek Industries says co, affiliates entered into 10th amendment to amended and restated revolving credit, term loan and security agreement​
October 3, 2017 / 8:21 PM / 2 months ago

BRIEF-Flotek Industries says co, affiliates entered into 10th amendment to amended and restated revolving credit, term loan and security agreement​

Oct 3 (Reuters) - Flotek Industries Inc

* Flotek Industries - ‍on Sept 29, co, affiliates entered into tenth amendment to amended and restated revolving credit, term loan and security agreement​

* Flotek Industries Inc says pursuant to amendment, maximum loan amount increased to $75 million - SEC Filing

* Flotek Industries Inc - ‍pursuant to amendment term of credit facility was extended two years to mature on may 10, 2022​

* Flotek Industries Inc - ‍pursuant to amendment eligible inventory cap in revolving advances calculation increased from $45 million to $52 million​

* Flotek Industries Inc - pursuant to amendment, availability block of $5 million, applied as a reduction of gross collateral value, was removed Source text: (bit.ly/2hJJNBx) Further company coverage:

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