Medifast ups revolving credit line to $225M, adds $100M accordion, switches to SOFR

MEDIFAST INC

First Amendment to Credit Agreement increased revolving commitments from $125M to $225M.
Company can further increase total revolving commitments by up to an additional $100M.
Interest rate benchmark changed from LIBOR to SOFR.
Amendment executed May 31, 2022; original Credit Agreement dated April 13, 2021.

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