Aspect Software extends maturity date of secured revolver to 2015

By Marisa Wong

Madison, Wis., May 28 - Aspect Software, Inc. amended its credit agreement dated May 7, 2010 to extend the maturity of its senior secured revolving facility to May 7, 2015 from May 7, 2014, according to an 8-K filing with the Securities and Exchange Commission.

The company paid 20 basis points in amendment fees to lenders for the extension.

JPMorgan Chase Bank, NA is the administrative agent for the credit facility and a co-syndication agent with Bank of America, NA.

The borrower is the domestic operating subsidiary of Phoenix-based Aspect Software Group Holdings Ltd. Aspect Software provides customer contact and enterprise workforce optimization services.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.