RCS Capital and its Lenders Agree to Covenant Modifications

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/22/2026

1. SPCX
2. NVDA
3. META
4. NFLX
5. TSLA
6. ISRG
7. SMCI
8. GOOGL
9. RTX
10. IBM

Go back to RCS Capital and its Lenders Agree to Covenant Modifications

RCS Capital (RCAP) Resumes Trading; Shares Now Up ~25%

June 30, 2015 2:33 PM EDT

RCS Capital (NYSE: RCAP) is continues to rip higher as it resumes trading following a volatility pause. Shares are now up 25 percent on the session.

Earlier, the company announced entering amended covenants with first- and second-lien lenders. For more color, click here.

... More

RCS Capital (RCAP) Amends Covenants with First-, Second-Lien Lenders

June 30, 2015 2:20 PM EDT

RCS Capital (NYSE: RCAP) announced that it has agreed with its first and second lien lenders under its existing credit facilities to certain leverage ratio covenant amendments in addition to other modifications.

Michael Weil, Chief Executive Officer of RCS Capital, commented, "We... More