Skip to main content

Assetmark Financial Holdings Inc(AMK-N)
NYSE

Today's Change
Real-Time Last Update Last Sale Cboe BZX Real-Time

AssetMark Announces Five Year Credit Facility Extension and Upsize to $500 Million

Globe Newswire - Wed Jan 12, 2022

CONCORD, Calif., Jan. 12, 2022 (GLOBE NEWSWIRE) -- AssetMark Financial Holdings, Inc. (NYSE: AMK) announced today that it has entered into an Amended and Restated Credit Agreement with ten banks, led by Bank of Montreal as Administrative Agent and Sustainability Coordinator. The agreement provides for a $500 million Senior Secured Credit Facility, comprised of a $375 million revolving facility and a $125 million term loan. The agreement also carries an accordion feature allowing for an additional $100 million of capacity, subject to customary terms and conditions.

Read more at globenewswire.com

Provided Content: Content provided by Globe Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

More from The Globe