Dover Downs extends credit facility maturity, modifies borrowing limit

By Tali Rackner

Minneapolis, July 26 – Dover Downs Gaming & Entertainment Inc. amended its credit agreement dated June 17, 2011 to extend the maturity date to Sept. 30, 2018, according to an 8-K filing with the Securities and Exchange Commission.

The company also adjusted the maximum borrowing limit to $32.5 million as of March 31, 2018.

The company completed the amendment on Tuesday.

Dover Downs, Inc. and Dover Downs Gaming & Management Corp., wholly owned subsidiaries of Dover Downs Gaming, are the co-borrowers.

Citizens Bank, NA is the agent.

Dover Downs is a Dover, Del.-based gaming and entertainment company.

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