Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers R > Headlines for Rent-A-Center Inc. > News item |
Rent-A-Center enters waiver under facility to allow dividend payment
By Marisa Wong
Madison, Wis., Feb. 21 - Rent-A-Center, Inc. entered into a waiver agreement on Thursday with JPMorgan Chase Bank, NA as administrative agent to waive compliance with some provisions under its fourth amended and restated credit agreement dated July 14, 2011, according to an 8-K filing with the Securities and Exchange Commission.
The waiver permits the company, subject to approval of its board of directors, to declare on March 6 a cash dividend on its common stock in an aggregate amount of up to $15 million.
Rent-A-Center is a Plano, Texas-based rent-to-own operator.
© 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.