EDC signs USD 2 million revolving credit agreement with Regent Bank

Reuters

Mar 12

EDC signs USD 2 million revolving credit agreement with Regent Bank

EDC entered into a new credit agreement with Regent Bank that provides a revolving promissory note of up to USD 2 million. No funds were drawn at closing. The revolving loan is secured by company assets including accounts receivable and inventory. The agreement also includes a personal guarantee from Craig White. EDC said it will transition its treasury and other financial services to Regent Bank.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EDC - Educational Development Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001185185-26-000844), on March 11, 2026, and is solely responsible for the information contained therein.

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No funds were drawn at closing. The revolving loan is secured by company assets including accounts receivable and inventory. The agreement also includes a personal guarantee from Craig White. EDC said it will transition its treasury and other financial services to Regent Bank.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EDC - Educational Development Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on March 11, 2026, and is solely responsible for the informa","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4159":"经销商","EDUC":"EDC Publishing"},"translate_title":"EDC与丽晶银行签署200万美元循环信贷协议","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EDUC":0.9},"content_text":"EDC signs USD 2 million revolving credit agreement with Regent Bank\n    \n\n        EDC entered into a new credit agreement with Regent Bank that provides a revolving promissory note of up to USD 2 million. No funds were drawn at closing. The revolving loan is secured by company assets including accounts receivable and inventory. The agreement also includes a personal guarantee from Craig White. EDC said it will transition its treasury and other financial services to Regent Bank.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EDC - Educational Development Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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