REV Group Inc (REVG) has released an update to notify the public and investors about an entry into a material definitive agreement.
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REV Group, Inc. has updated its Credit Agreement with an amendment that revises the definition of Fixed Charges to exclude a special cash dividend. This change, reflected in the latest amendment to the company’s financial arrangements with its lenders and administrative agent, JPMorgan Bank N.A., aims to provide a clearer financial picture following the dividend announcement made earlier in the year.
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For a comprehensive understanding of the announcement, you can read the full document here.