Warner Music Group extends revolver maturity, amends leverage ratio

By Marisa Wong

Madison, Wis., April 10 - WMG Acquisition Corp., an indirect wholly owned subsidiary of Warner Music Group Corp., amended the credit agreement dated Nov. 1, 2012 governing its senior secured revolving credit facility with Credit Suisse AG as administrative agent.

The amendment, effective April 9, extends the maturity date of the revolver to April 1, 2019 and modifies the maximum leverage ratio for some periods, according to an 8-K filing with the Securities and Exchange Commission.

The subsidiary received lender consent to amend the credit agreement on March 25.

Warner is a record company based in New York.

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