Entravision amends credit agreement, hikes quarterly amortization to $5M, cuts revolver to $30M

ENTRAVISION COMMUNICATIONS CORP

Quarterly term loan amortization doubled to $5M from $2.5M; follows $10M voluntary prepayment in Q2 2025.
Revolving credit commitments reduced to $30M from $75M, lowering commitment fees.
Max permitted net leverage ratio raised to 4.0x (from 3.25x); now calculated on trailing 8-quarter average.
Minimum interest coverage ratio cut to 2.0x; cash netting increased to $60M.
Consenting lenders receive fee of 0.05% of outstanding loans and commitments.

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