January 29, 2015 2:24 PM ET

Company Overview of Fulcircle Media, LLC

Company Overview

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United States

Key Executives for Fulcircle Media, LLC

Fulcircle Media, LLC does not have any Key Executives recorded.

Fulcircle Media, LLC Key Developments

AMREP Corporation Subsidiaries Enter into the Third Amendment to the Revolving Credit and Security Agreement

On April 2, 2013, Kable Media Services, Inc., Kable Distribution Services, Inc., Kable Products Services, Inc, Kable News Company, Inc., Palm Coast Data Holdco, Inc, Kable Staffing Resources Llc, Kable Specialty Packaging Services Llc, Kable News International, Inc. and Fulcircle Media, LLC alls subsidiaries of AMREP Corporation engaged in the Media Services business entered into the third amendment to the Revolving Credit and Security Agreement, dated as of May 13, 2010, with PNC Bank, National Association, as agent and lender. The Credit Facility provides for a revolving credit loan and letter of credit facility of up to $15,000,000, with availability within that limit based upon the lesser of (i) a percentage of the borrowers’ eligible accounts receivable or (ii) the recent level of collections of accounts receivable.  The Third Amendment expands this availability by including certain unbilled accounts receivable in the borrowers’ eligible accounts receivable under the Credit Facility.  In addition, the Third Amendment extends the term of the Credit Facility by one year, which now expires on May 12, 2015.  No other material terms of the Credit Facility changed in connection with the Third Amendment.

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