IBEX Amends Credit Agreement to Increase Applicable Commitment Fee Rate
IBEX Solutions Inc. and its subsidiaries amended their credit agreement to increase the Applicable Commitment Fee Rate to 0.30% per annum. This move alters a key cost component for the company's revolving credit facilities. This will likely impact the company's borrowing costs and total interest expense, potentially affecting its financial metrics.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
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