Boston Omaha subsidiaries secure $20M credit facility for broadband expansion; annual meeting results

BOSTON OMAHA Corp

Three subsidiaries of Boston Omaha Broadband entered a $20M term loan credit agreement with First National Bank of Omaha.
Funds are for capital expenditures related to broadband expansion; loans due in 5 years with 10-year amortization.
Adam K. Peterson re-elected as Class B director via written consent of sole Class B stockholder.
Stockholders approved officer exculpation charter amendment and ratified KPMG as auditor.
Say-on-pay passed with 26M votes for; frequency of future votes set at one year.

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