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Stock impact report

A-Mark Precious Metals Renews $260 Million Revolving Credit Facility

A-Mark Precious Metals, Inc. (AMRK) 
Last a-mark precious metals, inc. earnings: 5/9 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: amark.com/investors
Company Research Source: GlobeNewswire
EL SEGUNDO, Calif., March 01, 2019 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK), a leading full-service provider of products and services to the global precious metals market, has executed the renewal of its existing $260 million credit facility, which consists of a $210 million revolving credit facility with a $50 million accordion feature. The renewal will become effective on March 29, 2019 and matures on March 27, 2020. Cooperative Rabobank U.A. acted as Joint Lead Arranger and Administrative Agent/Bookrunner, and Natixis acted as Joint Lead Arranger and Syndication Agent.  “The renewal of our credit facility reflects the continued support of our growth strategy by our lending partners and provides us with sufficient liquidity to capitalize on attractive trading opportunities,” said A-Mark CEO, Greg Roberts. “With this $260 million credit facility dedicated to our Wholesale Trading segment, along with the $100 million asset-backed securitization for our Secu Show less Read more
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