Ryman hospitality properties, inc. successfully extends credit facility waiver period

Nashville, tenn., dec. 22, 2020 (globe newswire) -- ryman hospitality properties, inc. (nyse: rhp) (the “company”) announced that today it completed a second amendment to the credit agreement governing its $700 million revolving credit facility, $300 million term loan a facility and its term loan b facility (of which approximately $382.5 million is outstanding), which was obtained from a consortium of banks led by wells fargo bank, national association, as administrative agent. the second amendment provides for an extended temporary waiver of all financial covenants in the credit facility through april 1, 2022 (unless terminated early by the company at its option) confirms the continued availability of the undrawn amounts under the revolving credit facility.
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