A-MARK PRECIOUS METALS, INC. (NASDAQ:AMRK) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement.
On February 28, 2019, the Company entered into an Amended and Restated Uncommitted Credit Agreement with Cooperative Rabobank U.A. as Joint Lead Arranger and Administrative Agent/Bookrunner, Natixis as Joint Lead Arranger and Syndication Agent, and various lenders (the “Credit Agreement.”) The Credit Agreement will become effective as of March 29, 2019 and provides for a $260 million credit facility, consisting of a $210 million base and a $50 million accordion feature. The maturity date of the new credit facility is March 27, 2020.
The foregoing description of the Credit Agreement is qualified in its entirety by reference to the Credit Agreement, a copy of which is filed as Exhibit 10.1 and is incorporated herein by reference.
Item 9.01. Exhibits
Press Release, dated March 1, 2019.
A-Mark Precious Metals, Inc. Exhibit
EX-10.1 2 a8-k_creditfacxex101x20190.htm EXHIBIT 10.1 Exhibit EXHIBIT 10.1AMENDED AND RESTATEDUNCOMMITTED CREDIT AGREEMENT Dated as of March 29,…
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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.