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BRIEF-Castlight Health entered into a second amended and restated loan and security agreement - SEC filing

April 3 Castlight Health Inc

* Castlight Health Inc - on April 3, 2017 entered into a second amended and restated loan and security agreement - SEC filing

* Castlight Health - amending and restating in its entirety that certain amended and restated loan and security agreement, dated as of August 29, 2016

* Castlight Health - Silicon Valley Bank agreed to refinance existing term loan facility owed to bank under prior loan agreement

* Castlight Health - amendment to increase availability amount under existing recurring revenue loan facility under prior loan agreement to $25 million

* Castlight Health Inc - loan agreement provides for a $25 million revolving credit facility

* Castlight Health Inc - borrowers may request borrowings under revolving line prior to April 3, 2019, on which date revolving line terminates

* Castlight Health Inc - loan agreement also provides for an approximately $5.6 million term loan Source text: (bit.ly/2nxzWfi) Further company coverage:

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