May 26, 2017 / 9:21 PM / in 6 months

BRIEF-Ruby Tuesday enters into credit agreement

May 26 (Reuters) - Ruby Tuesday Inc

* Ruby tuesday inc - on may 26, 2017, co entered into a $20.0 million 364-day senior secured revolving credit agreement - sec filing

* Ruby tuesday inc - among other things, new credit facility replaces prior credit facility, which was paid off in full on may 26, 2017

* Ruby tuesday inc - new credit facility reduces permitted indebtedness under its senior notes from $350.0 million to $212.5 million

* Ruby tuesday inc - new credit facility is effective as of may 26, 2017

* Ruby tuesday inc - as of may 26, 2017, company has no amounts drawn under revolving loan commitment under senior credit facility

* Ruby tuesday inc - as of may 26, 2017 co has $10.9 million drawn under standby letters of credit under new credit facility Source text for Eikon: Further company coverage:

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