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BRIEF-Tesla unit enters into an amendment to a revolving credit facility
June 29, 2017 / 9:06 PM / 5 months ago

BRIEF-Tesla unit enters into an amendment to a revolving credit facility

June 29 (Reuters) - Tesla Inc:

* Tesla Inc - on June 23, 2017 unit entered into an amendment to a revolving credit facility originally entered into on May 4, 2015

* Tesla says amendment extended availability period of draws under revolving aggregation credit facility to December 31, 2018 - SEC filing

* Tesla - revolving aggregation facility amendment provides for co-requested decrease in total lender commitments under revolving aggregation credit facility to $600 million

* Amendment extended maturity date to December 31, 2019

* Tesla-Credit facility amendment more closely aligns with co's needs given its transition to greater proportion of cash- & loan-based sales for solar assets Source text: (bit.ly/2smiNgc) Further company coverage:

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