Moomoo AI 已提取核心訊息
On February 5, 2024, PlayAGS, Inc. announced the successful completion of a repricing of its term loan credit facility. The amendment, known as the Seventh Amendment, was entered into by AP Gaming I, LLC, a wholly owned indirect subsidiary of PlayAGS, and AP Gaming Holdings, LLC, another subsidiary of the company. The amendment resulted in the removal of the credit spread adjustment for term loan borrowings and a reduction in the Applicable Margin on the company's existing term loan to 3.75% for Term SOFR borrowings and 2.75% for ABR borrowings. Concurrently, PlayAGS elected to repay $15 million of its total debt outstanding. This strategic financial move is expected to generate annualized cash interest expense savings of over $3 million. The company's CFO, Kimo Akiona, emphasized the focus on reducing net leverage through consistent Adjusted EBITDA growth and improving free cash flow conversion, aiming to expedite the company's deleveraging objectives.
On February 5, 2024, PlayAGS, Inc. announced the successful completion of a repricing of its term loan credit facility. The amendment, known as the Seventh Amendment, was entered into by AP Gaming I, LLC, a wholly owned indirect subsidiary of PlayAGS, and AP Gaming Holdings, LLC, another subsidiary of the company. The amendment resulted in the removal of the credit spread adjustment for term loan borrowings and a reduction in the Applicable Margin on the company's existing term loan to 3.75% for Term SOFR borrowings and 2.75% for ABR borrowings. Concurrently, PlayAGS elected to repay $15 million of its total debt outstanding. This strategic financial move is expected to generate annualized cash interest expense savings of over $3 million. The company's CFO, Kimo Akiona, emphasized the focus on reducing net leverage through consistent Adjusted EBITDA growth and improving free cash flow conversion, aiming to expedite the company's deleveraging objectives.
2024年2月5日，PlayAGS, Inc.宣佈成功完成其定期貸款信貸額度的重新定價。該修正案被稱爲第七修正案，由PlayAGS的全資間接子公司AP Gaming I, LLC和該公司的另一家子公司AP Gaming Holdings, LLC簽署。該修正案取消了定期貸款借款的信用利差調整，並將公司現有定期貸款的適用利潤率降低至定期SOFR借款的3.75％，ABR借款的適用利潤率降至2.75％。同時，PlayAGS選擇償還其未償債務總額中的1500萬美元。這一戰略財務舉措預計每年將節省超過300萬美元的現金利息支出。該公司首席財務官Kimo Akiona強調將重點放在通過持續的調整後息稅折舊攤銷前利潤增長和改善自由現金流轉換來降低淨槓桿率上，旨在加快公司的去槓桿化目標。
2024年2月5日，PlayAGS, Inc.宣佈成功完成其定期貸款信貸額度的重新定價。該修正案被稱爲第七修正案，由PlayAGS的全資間接子公司AP Gaming I, LLC和該公司的另一家子公司AP Gaming Holdings, LLC簽署。該修正案取消了定期貸款借款的信用利差調整，並將公司現有定期貸款的適用利潤率降低至定期SOFR借款的3.75％，ABR借款的適用利潤率降至2.75％。同時，PlayAGS選擇償還其未償債務總額中的1500萬美元。這一戰略財務舉措預計每年將節省超過300萬美元的現金利息支出。該公司首席財務官Kimo Akiona強調將重點放在通過持續的調整後息稅折舊攤銷前利潤增長和改善自由現金流轉換來降低淨槓桿率上，旨在加快公司的去槓桿化目標。
有用
沒用