Asure Software Inc

NASDAQ:ASUR   3:59:51 PM EDT
9.04
+0.04 (+0.44%)
Debt Financing / Related

Asure Software Says On Sept 10, Entered Loan, Security Agreement With Structural Capital Investments III LP And Ocean II Plo Llc

Published: 09/16/2021 21:44 GMT
Asure Software Inc (ASUR) - Asure Software - on Sept 10, Entered Loan, Security Agreement With Structural Capital Investments Iii, Lp and Ocean Ii Plo Llc.
Asure Software - Under Terms, Lenders Have Committed to Lend Up to $50 Million in Term Loan Financing to Support Growth Needs Until March 31, 2022.
Asure Software - Entered Secured Promissory Note With Agent Evidencing Obligations Under Facility.
Asure Software - Commitment Letter With Structural Terminated Upon Entering of Loan Agreement.
Asure Software - Terminated Third Amended, Restated Credit Agreement Dated Dec 31, 2019 With Wells Fargo Nafurther Company Coverage: Asuro ((reuters.
Briefs@thomsonreuters.
Com;)).