Letter of credit sublimit eliminated
Company: TeraWulf
The claim, verbatim
The amendment eliminates the $150 million sublimit previously applicable to the issuance of letters of credit under the facility.
Source (primary)
TeraWulf Inc. Enters into Amendment No. 1 to Revolving Credit Agreement to Increase Senior Secured Revolving Credit Facility Commitments to Approximately $400 Million - www.marketscreener.com (-, news_article)
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Quote: “eliminate the $150 million sublimit previously applicable to the issuance of letters of credit”
How we checked this
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Additional evidence
confirms TeraWulf Inc. Enters into Amendment No. 1 to Revolving Credit Agreement to Increase Senior Secured Revolving Credit Facility Commitments to Approximately $400 Million - www.marketscreener.com
Quote: “eliminate the $150 million sublimit previously applicable to the issuance of letters of credit”