Item 1.01 Entry into a Material Definitive Agreement.
On December 15, 2020, Century Casinos, Inc. (the "Company") entered into
Amendment No. 3 (the "Amendment") to the Credit Agreement, dated as of December
6, 2019 (as amended by the Letter Amendment to Commitment Letter and Credit
Agreement, dated as of January 29, 2020 and the Amendment No. 2 and Waiver to
Credit Agreement, dated September 30, 2020, the "Credit Agreement"), by and
among the Company, as borrower, the Company's subsidiaries party thereto,
Macquarie Capital Funding LLC, as swingline lender, administrative agent and
collateral agent, Macquarie Capital (USA) Inc., as sole lead arranger and sole
bookrunner, and the Lenders and L/C Lenders party thereto. Among other things,
the Amendment increases the "Applicable Margin" under the Credit Agreement by
1%.
The foregoing description of the Amendment does not purport to be complete and
is qualified in its entirety by reference to the full text of the Amendment,
which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is
incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
10.1 Amendment No. 3 to Credit Agreement, dated as of December 15, 2020,
among the Company, as borrower, the Company's subsidiaries party
thereto, and Macquarie Capital Funding LLC, as administrative agent,
collateral agent, and Lender.
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