AGS Successfully Completes Term Loan Repricing; Voluntarily Repays $15 Million of Its Total Debt Outstanding

LAS VEGAS, Feb. 05, 2024 (GLOBE NEWSWIRE) -- PlayAGS, Inc. (NYSE:AGS) ("AGS" or the "Company") today announced it has successfully completed a repricing of its term loan credit facility. Among other things, the repricing removes the credit spread adjustment with respect to term loan borrowings and reduces the interest rate applied to such borrowings to the Secured Overnight Financing Rate ("SOFR") plus 3.75%. Additionally, in conjunction with the repricing transaction, the Company elected to repay $15 milli ...