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A-Mark Precious Metals adds lender, lifts facility to $220 million
By Sarah Lizee
Olympia, Wash., Jan. 16 – A-Mark Precious Metals, Inc. amended its credit agreement on Thursday to add Bank of China Ltd. as lender, increasing the facility base to $220 million from $210 million, according to an 8-K filing with the Securities and Exchange Commission.
There is still a $50 million accordion feature under the facility.
Cooperative Rabobank UA is joint lead arranger and administrative agent, and Natixis is joint lead arranger and syndication agent.
A-Mark is a precious metals dealer based in Santa Monica, Calif.
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