Rimini Street Announces Debt Reduction and Amendment to its Credit Agreement
Rimini Street, Inc. (RMNI)
US:NASDAQ Investor Relations:
investors.riministreet.com/investor-relations
Company Research
Source: Business Wire
LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), the Software Support and Agentic AI ERP Company™, and the leading third-party support provider for Oracle, SAP and VMware software, today announced first quarter debt reduction activities and a recent amendment to its credit agreement.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260401160360/en/Rimini Street Announces Debt Reduction and Amendment to its Credit AgreementDebt reduction activities during the first quarter of 2026 totaled $10.9 million, reducing the Company’s outstanding term loan to $58.4 million as of March 31, 2026.The Company’s credit agreement was amended effective as of March 27, 2026 to increase to $20.0 million the value of Company common stock that could be repurchased per annum, beginning with the Company’s 2026 fiscal year and for each fiscal year thereafter, with a revised total of $50.0 million in permitted stock repurchases from
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RMNI
Earnings
- 2/19/26 - Miss
RMNI
Sec Filings
- 4/1/26 - Form 8-K
- 3/10/26 - Form 4
- 3/6/26 - Form 4
- RMNI's page on the SEC website