debt
confidence high
sentiment positive
materiality 0.65
A-Mark amends credit facility: demand feature removed, maturity to Sep 2025, incremental capacity to $190M
Gold.com, Inc.
- Eliminated 10-day demand repayment provision previously exercisable by lenders holding 66.67% of commitments.
- Revolving credit facility now fully committed through September 20, 2025; total commitments remain $350M.
- Incremental facility capacity increased from $50M to $190M, plus inventory financing capacity raised.
- Added asset category to borrowing base and relaxed certain covenant limitations.
- New lender and subsidiary guarantor added to the credit agreement.