IntraLinks amends first-lien facility to make $15 million prepayment

By Marisa Wong

Madison, Wis., April 12 - IntraLinks Holdings, Inc. and its wholly owned direct subsidiary, IntraLinks, Inc., entered into a third amendment to the first-lien credit agreement dated June 15, 2007, according to an 8-K filed Thursday with the Securities and Exchange Commission.

Deutsche Bank Securities Inc. and Credit Suisse Securities (USA) LLC are the joint lead arrangers and joint bookrunners for the first-lien facility. Deutsche Bank Trust Co. Americas is the administrative agent, and ING Capital LLC is the documentation agent.

The third amendment amends certain provisions of the facility to allow IntraLinks to voluntarily prepay $15 million of the amount outstanding under the facility and to increase the amount the company and its subsidiaries can spend on capital expenditures for the remainder of the term of facility.

On the closing date of the amendment, April 6, IntraLinks prepaid $15 million of the outstanding balance under the term loan.

IntraLinks will to pay an amendment fee to consenting lenders and an arrangement fee to Deutsche Bank Securities.

IntraLinks is a New York-based provider of online digital workspaces.

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