November 2, 2016 / 9:27 PM / in a year

BRIEF-Ritchie Bros. Auctioneers on Oct 27 entered into a credit agreement

Nov 2 (Reuters) - Ritchie Bros. Auctioneers Inc

* On October 27, 2016, entered into a credit agreement

* Credit agreement provides for an aggregate amount of up to $675 million

* Credit agreement provides for delayed-draw term loan facility n an aggregate amount of $325 million

* Company may use proceeds of revolving facilities to refinance certain existing indebtedness of company and its subsidiaries

* Facilities will mature five years after closing date of credit agreement. Source text: [bit.ly/2eoSxZL] 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