December 10, 2016 8:29 AM ET

IT Services

Company Overview of PRGX USA, Inc.

Company Overview

PRGX USA, Inc. collects and processes procurement-to-payment¬Ě transactional data such as accounts payable data, vendor file information, and line item/product data from clients for recovery audit purposes. The company was formerly known as PRG-Schultz USA, Inc. and changed to PRGX USA, Inc. in March, 2010. The company is based in Atlanta, Georgia. PRGX USA, Inc. operates as a subsidiary of PRGX Global, Inc.

600 Galleria Parkway

Suite 100

Atlanta, GA 30339

United States





Key Executives for PRGX USA, Inc.

PRGX USA, Inc. does not have any Key Executives recorded.

PRGX USA, Inc. Key Developments

PRGX Global, Inc. and PRGX Usa, Inc. Enters into an Amended & Restated Revolving Credit Agreement

On December 23, 2014, PRGX Global, Inc. as co-borrower with PRGX USA, Inc. entered into an Amended & Restated Revolving Credit Agreement with SunTrust Bank, as the initial lender thereunder, as the letter-of-credit issuer thereunder, and as the administrative agent for the lenders from time to time party thereto. The Credit Facility, which amends and restates the company's expiring credit facility with SunTrust and extends it for three years, consists of a $20.0 million committed revolving credit facility, with a $5.0 million subfacility for the issuance of letters of credit. The Credit Facility is guaranteed by each of PRGX's other direct and indirect domestic wholly owned subsidiaries, except for certain immaterial domestic subsidiaries. The Credit Facility will mature on December 23, 2017. Certain mandatory prepayments required under the expiring credit facility no longer apply under the Credit Facility. As had been the case under the expiring credit facility, there are no prepayment penalties in the event the Company elects to prepay and terminate the Credit Facility prior to its scheduled maturity date. No amounts were drawn under the Credit Facility in connection with its establishment.

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