RETAILMENOT, INC. (NASDAQ:SALE) Files An 8-K Termination of a Material Definitive Agreement

RETAILMENOT, INC. (NASDAQ:SALE) Files An 8-K Termination of a Material Definitive Agreement
Item 1.02 Termination of a Material Definitive Agreement.

On May 16, 2017, RetailMeNot, Inc. (the “Company”) and certain of its subsidiaries voluntarily paid off and terminated their Second Amended and Restated Revolving Credit and Term Loan Agreement dated December 23, 2014 with Comerica Bank, as administrative agent, and certain other lenders named therein. The payoff amount of $57,792,116.02 included principal, accrued and unpaid interest, fees, costs and expenses. The Company did not incur any prepayment or repayment fee.

About RETAILMENOT, INC. (NASDAQ:SALE)

RetailMeNot Inc. operates a digital savings destination connecting consumers with retailers, restaurants and brands, both online and in-store. The Company’s marketplace features over 800,000 digital offers each month. The Company’s Websites, mobile applications, e-mail newsletters and alerts and social media presence enable consumers to search for, discover and redeem digital offers from retailers and brands. Its marketplace features digital offers across multiple product categories, including clothing, electronics, health and beauty, home and office, travel, dining and entertainment, personal and business services, and shoes. Its primary Websites and mobile applications include RetailMeNot.com, VoucherCodes.co.uk, Poulpeo.com, RetailMeNot.de, Actiepagina.nl, Ma-Reduc.com, and iPhone and Android. It aggregates digital offers from retailers, performance marketing networks, user community, employees and outsourced providers.

RETAILMENOT, INC. (NASDAQ:SALE) Recent Trading Information

RETAILMENOT, INC. (NASDAQ:SALE) closed its last trading session down -0.02 at 11.55 with 564,444 shares trading hands.

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