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BRIEF-Easyhome increases credit facility to $300 million

Published 2015-07-31, 01:57 p/m
BRIEF-Easyhome increases credit facility to $300 million

July 31 (Reuters) - easyhome Ltd EH.TO :
* Increases credit facility to $300 million
* Increased total credit facility with incumbent providers,agented by crystal
financial by $100 million from $200 million to $300 million
* Says increased capital will support the growth of easyhome's consumer
financing business, easyfinancial
* Reduced the current interest rate on total credit facility from 8.22% to
7.99%
* Says extended the expiry date of agreement by 12 months to October 4, 2019
* Revised credit facility's financial covenants provide more flexibility and
extended expiry date by 12 months to October 4, 2019

* Source text for Eikon ID:nMKWmdRZza

* Further company coverage EH.TO

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