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JPMorgan Chase Delivers $75MM Credit Facility to Daktronics

Daktronics closed on a three-year, $75 million senior secured credit facility with JPMorgan Chase. In addition, Daktronics closed a $25 million convertible debt financing agreement with shareholder Alta Fox Capital Management.

US Bank Extends Maturity of Daktronics’ Near-Term Credit Facility

Daktronics entered into an amendment to its credit agreement with its current lender, U. S. Bank, to extend the maturity of $10 million of its $45 million credit facility to May 1, 2023. The remaining $35 million of the credit facility matures on April 29, 2025.

January 26, 2023 Daktronics | Howard I. Atkins | U.S. Bank Ian Koplin

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Tag Archives: Daktronics

JPMorgan Chase Delivers $75MM Credit Facility to Daktronics

US Bank Extends Maturity of Daktronics’ Near-Term Credit Facility