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Kin and Carta secures increased covenant ceiling as revenue falls

Published by Josh White on 23rd July 2020

(Sharecast News) - Kin and Carta announced on Thursday that its banks have agreed to raise the ceiling on its quarterly leverage covenant to up to 5x EBITDA, from a previous 2.5x, for the four quarters from the current three month period ending 31 July.

URL: http://www.digitallook.com/dl/news/story/30960090/...

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