New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 25, 2013
09:06 EDTCXWCCA raises aggregate principal amount of revolving commitments to $900M
CCA announced that on March 22, it entered into an amendment of its Amended and Restated Credit Agreement. The Amendment, among other things, increases the aggregate principal amount of the revolving commitments to $900M and includes an "accordion" feature that provides for uncommitted incremental extensions of credit in the form of increases in the revolving commitments or incremental term loans in an aggregate principal amount up to $100M, as requested by the company. The Amendment also provides for, among other things, an extension of the maturity date from December 2016 to December 2017, modification of certain financial covenants and modification of the negative covenant regarding distributions to accommodate the Company's status as a REIT. Interest rate and fee margins remain unchanged.
News For CXW From The Last 14 Days
Check below for free stories on CXW the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
There are no results for CXW

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use