Regional Management Corp. amended a loan and security agreement, providing for a senior revolving credit facility of up to $640.0 million.
An accordion feature allows for the facility's expansion to up to $650.0 million. The facility matures Sept. 20, 2022.
Regional Management entered into the amended facility with a syndicate of banks comprising Wells Fargo Bank NA, Bank of America NA, BMO Harris Financing Inc., First Tennessee Bank NA, Texas Capital Bank NA, Synovus Bank, Axos Bank and BankUnited NA.
