Accel Entertainment amends credit agreement; waives covenant breach

By Taylor Fox

New York, Aug. 6 – Accel Entertainment, Inc. and Accel Entertainment LLC have amended their existing credit agreement dated Nov. 13, 2019, according to an 8-K filing with the Securities and Exchange Commission.

The amendment provides a waiver of financial covenant breach for the period of Sept. 30 through March 31, 2021 of the first-lien net leverage ratio and fixed-charge coverage ratio.

Capital One, NA is administrative agent.

Accel is a gaming operator based in Burr Ridge, Ill.

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