Syntel repays, terminates credit agreement with Bank of America

By Sarah Lizee

Olympia, Wash., Oct. 9 – Syntel, Inc. repaid in full all outstanding amounts under its credit agreement with Bank of America, NA as administrative agent and terminated the facility on Tuesday.

The repayment was made in connection with the roughly $3.43 billion acquisition of the company by Atos SE, according to an 8-K filing with the Securities and Exchange Commission.

Syntel is a Troy, Mich.-based provider of information technology and knowledge process outsourcing.

© 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.