Clarus Corp

NASDAQ:CLAR   3:59:44 PM EDT
14.48
+0.19 (+1.33%)
Debt Financing / Related

Clarus Corp, Units, Enter Amendment To Certain Credit Agreement

Published: 11/17/2020 21:26 GMT
Clarus Corp (CLAR) - Clarus Corp - on November 12, Co, Certain Units, Entered Amendment No. 2 to Certain Credit Agreement, Dated May 3, 2019.
Clarus - Amendment No. 2 Permits Issuance by Co of Debt Securities, That May Be Convertible Into Equity Interests of Co of Upto $125 Million.
Clarus Corp - Credit Agreement, As Amended by Amendment No. 2, Does Not Permit Co to Repay Notes Upon a Fundamental Change Or Event of Default.