E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/8/2005 in the Prospect News Bank Loan Daily.

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.


© 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.