Evine expands revolver to $90 million, extends maturity to May 2020

By Wendy Van Sickle

Columbus, Ohio, Oct. 13 – Evine Live Inc. expanded and extended it revolving credit agreement on Thursday, according to an 8-K filed with the Securities and Exchange Commission.

The revolver’s new capacity is $90 million, up from $75 million.

It now matures May 1, 2020.

This was the fifth amendment to the credit agreement dated Feb. 9, 2012 with PNC Bank, NA as administrative agent.

Evine Live is a cable, satellite and broadcast television network based in Eden Prairie, Minn.

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