RigNet Inc. - 2013-10-08
Description
Entered into a second amendment and restated credit agreement for a $60 million term loan facility and a $125 million revolving credit facility with Bank of America N.A., as administrative agent, and Compass Bank, Wells Fargo Bank and BOKF (Bank of Texas) as the syndicate of lenders. Proceeds will be used fund growth opportunities and reduce borrowing costs.