RetailMeNot pays off, terminates 2014 credit agreement with Comerica

By Wendy Van Sickle

Columbus, Ohio, May 17 – RetailMeNot, Inc. repaid and terminated its revolving credit and term loan agreement dated Dec. 23, 2014 with Comerica Bank as administrative agent on Tuesday, according to an 8-K filing with the Securities and Exchange Commission.

The payoff amount of $57,792,116 included principal, accrued interest, fees, costs and expenses. The company did not incur any prepayment or repayment fee.

RetailMeNot operates a digital coupon marketplace and is based in Austin, Texas.

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