A-Mark Precious Metals expands demand line of credit to $205 million

By Marisa Wong

Morgantown, W.Va., Sept. 16 – A-Mark Precious Metals, Inc. obtained a $5 million increase to its demand trading credit facility, effective Monday, according to an 8-K filing with the Securities and Exchange Commission.

One of the five institutional participants under the credit facility increased its line to $40 million from $35 million, resulting in an aggregate available line of $205 million, up from $200 million.

A-Mark is a precious metals dealer based in Santa Monica, Calif.

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