03:25 AM EST, 03/08/2024 (MT Newswires) -- Progress Software ( PRGS ) said late Thursday it entered into an amended credit agreement, which provides a revolving credit facility of $900 million.

The revolving credit facility, which replaces the company's existing secured credit facilities, will mature March 7, 2029. The amended credit agreement has no term loan facility and there are no revolving credit loans outstanding, the company said.

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