GWG extends maturity date of $100 million DZ Bank facility to 2016

By Marisa Wong

Madison, Wis., June 3 - GWG Holdings, Inc. said it amended its $100 million credit facility with DZ Bank AG Deutsche Zentral-Genossenschaftsbank to extend the maturity date to Dec. 31, 2016.

The company entered into an amendment to the credit agreement on May 29, according to an 8-K filing with the Securities and Exchange Commission.

GWG is a life insurance company based in Minneapolis.

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