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Speedway Motorsports amends loan, gaining flexibility on permitted investments, capital expenditures
By Sara Rosenberg
New York, Dec. 8 - Speedway Motorsports Inc. amended its credit facility to get flexibility with permitted investments in and capital expenditures for motorsports and non-motorsports related transactions and business activities, according to an 8-K filed with the Securities and Exchange Commission Thursday.
The amendment was completed on Dec. 2.
Bank of America is the administrative agent on the deal.
Speedway is a Concord, N.C.-based promoter and marketer of motorsports.
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