CORRECTED-BRIEF-Pandora Media Says Entered Into Credit Agreement Under Which Lenders Secured Credit Facility Of Up To $200 Mln


(Corrects headline to say credit facility is of up to $200 mln, not $50 mln)

Jan 4 (Reuters) – Pandora Media Inc:

* PANDORA MEDIA – ON DEC 29, CO ENTERED INTO CREDIT AGREEMENT UNDER WHICH LENDERS COMMITTED TO CO SECURED REVOLVING CREDIT FACILITY OF UP TO $200 MILLION

* PANDORA MEDIA SAYS REVOLVING CREDIT FACILITY HAS POTENTIAL FOR SUBSEQUENT INCREMENTAL INCREASE OF UP TO $50 MILLION – SEC FILING

* PANDORA MEDIA – ‍PRIOR TO ENTERING INTO CREDIT AGREEMENT, CO TERMINATED PREVIOUS FACILITY UNDER CREDIT AGREEMENT, DATED AS OF MAY 13, 2011​ Source text: (bit.ly/2qm7JPy) Further company coverage:


Read First From Source http://feeds.reuters.com/~r/reuters/companyNews/~3/aeCYmy0FnxI/idUSFWN1OZ0VW

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