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BRIEF-Sotheby's says entered first amendment to loan agreement
2017年6月21日 / 晚上8点27分 / 5 个月前

BRIEF-Sotheby's says entered first amendment to loan agreement

June 21 (Reuters) - Sotheby’s

* Sotheby’s says on June 2, 1334 york, Llc and Sotheby’s entered first amendment to loan agreement and guaranty of recourse carveouts - SEC filing

* Sotheby’s - amendment modifies amount of net worth which Sotheby’s must maintain; reduced from $425 million to $325 million

* Sotheby’s - amendment modifies loan agreement as follows; 1334 york, llc is partially prepaying loan in amount of $32 million on July 3, 2017

* Sotheby's -amendment modifies that 1334 york, lcc to make annual prepayments on loan each July from any excess cash flow, in amount not to exceed $25 million Source text for Eikon: (bit.ly/2sVh3dr) Further company coverage:

我们的标准:汤森路透“信任原则”
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