Infor reduces revolving commitments to $120 million, extends two years

By Wendy Van Sickle

Columbus, Ohio, Aug. 16 – Infor, Inc. and subsidiary Infor (US), Inc. amended their credit agreement on Monday to extend the revolving credit facility by two years and reduce its commitment, according to an 8-K filed Tuesday with the Securities and Exchange Commission.

The revolving commitment was cut to $120 million from $150 million. The original maturity date was April 15, 2017.

Bank of America, NA is the administrative agent.

New York-based Infor provides enterprise software and services.

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