ATNI amends credit agreement; extends draw period to Dec 2022, adjusts interest rates

ATN International, Inc.

Draw period under delayed draw term loan extended to December 31, 2022.
LIBOR rate no longer available for any loans; future loans use base rate + 1.75% or quoted fixed rate.
Amendment dated December 29, 2021 among ATNI, Commnet subsidiaries, and CoBank.
Permitted Annual Distribution Amount calculation revised; requires holdback of 10% of outstanding loans or three months' payments.

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