A-MARK PRECIOUS METALS, INC. (NASDAQ:AMRK) Files An 8-K Entry into a Material Definitive AgreementItem 1.01. Entry into a Material Definitive Agreement.
Effective March 20, 2018, the Company entered into a Tenth Amendment (the “Tenth Amendment”) to its existing credit agreement. Under the terms of the Tenth Amendment, the Company has access to up to $260 million in revolving lines of credit, with a $210 million base and a $50 million accordion option. The maturity date of the new credit facility is March 29, 2019.
The foregoing description of the Tenth Amendment is qualified in its entirety by reference to the Tenth Amendment, a copy of which is filed as Exhibit 10.1 and is incorporated herein by reference.
Item 9.01. Exhibits
A-Mark Precious Metals, Inc. ExhibitEX-10.1 2 a8_ktenthamendmentxexh101.htm EXHIBIT 10.1 Exhibit Exhibit 10.1TENTH AMENDMENT TOUNCOMMITTED CREDIT AGREEMENT This TENTH AMENDMENT TO UNCOMMITTED CREDIT AGREEMENT (this “Tenth Amendment”) dated as of March 20,…To view the full exhibit click
About A-MARK PRECIOUS METALS, INC. (NASDAQ:AMRK)
A-Mark Precious Metals, Inc. is a precious metal trading company. The Company is a wholesaler of gold, silver, platinum and palladium bullion and related products, including bars, wafers, grain and coins. It distributes gold and silver coins and bars from sovereign and private mints; provides financing for the purchase of bullion and numismatics; offers storage for bullion, and offers complementary products, such as consignment, customized finance and liquidity programs, such as repurchase (Repo) accounts, and trade quotes in a variety of foreign currencies. It operates through various business units for accounting purposes, including Industrial, Coin and Bar, Trading, Finance, Collateral Finance Corporation, Transcontinental Depository Services and Logistics. It is an authorized distributor of gold and silver coins for sovereign mints and various private mints. The sovereign mints include the United States Mint, the Australian (Perth) Mint and the Austrian Mint, among others.