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Live News EQUITY ARTICLE M impact

Matthews International amends credit deal, cuts revolver to $650 million

Matthews International entered a Ninth Amendment to its Third Amended and Restated Loan and Security Agreement, reducing revolving credit capacity to $650 million and eliminating the unutilized foreign borrowing facility.

MATW

Matthews International entered into a Ninth Amendment to its Third Amended and Restated Loan and Security Agreement to align credit terms with its post-divestiture structure.

The amendment reduces the revolving credit capacity to $650 million and eliminates the unutilized foreign borrowing facility…