Everi Announces Successful Completion of Term Loan Repricing
December 12 2019 - 8:30AM
Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), a
premier single-source provider of gaming products, financial
technology and player loyalty solutions in the gaming industry,
today announced that it successfully completed the repricing of the
Senior Secured Term Loan under its Credit Agreement dated as of May
9, 2017 (as amended, the “Credit Agreement”). Amendments to the
Credit Agreement have reduced the applicable interest rate on the
Term Loan to a rate of LIBOR plus 275 basis points with a LIBOR
floor of 100 basis points. The maturity of the Term Loan remains
May 9, 2024.
About Everi
Everi is a leading supplier of imaginative
entertainment and trusted technology solutions for the casino,
interactive, and gaming industry. With a focus on both customers
and players, the Company develops entertaining games and gaming
machines, gaming systems and services, and is the preeminent and
most comprehensive provider of core financial products and
services, player loyalty tools and applications, and intelligence
and regulatory compliance solutions. Everi’s mission is to provide
casino operators with games that facilitate memorable player
experiences, offer seamless and secure financial transactions for
casinos and their patrons, and deliver software tools and
applications to improve casino operations efficiencies and fulfill
regulatory compliance requirements. Everi provides these products
and services in its effort to help make customers successful. For
more information, please visit www.everi.com, which is updated
regularly with financial and other information about the
Company.
ContactsInvestor
RelationsEveri Holdings Inc.William PfundVP, Investor
Relations702-676-9513 or william.pfund@everi.com
JCIR
Richard Land, James Leahy212-835-8500
or evri@jcir.com
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