Umami Sustainable Seafood, Inc. (“Umami”) and Baja Aqua Farms S.A. de C.V. (“Baja”), a subsidiary of Umami, entered into an amended credit agreement (the “Amended Credit Facility”), dated as of that date, with AMERRA Capital Management, LLC (“AMERRA”) as administrative agent and the lenders party thereto.
The Amended Credit Facility amends the credit agreement dated as of 26 August 2011, as previously amended, among Umami, Baja, the lenders party thereto and AMERRA as administrative agent (as previously amended, the “Original Credit Facility”), that provided for a USD 39.0 million secured revolving credit facility. The Original Credit Facility, which was structured in two tranches scheduled to expire on 31 December 2012 and 31 March 2013, was superseded with the execution of the Amended Credit Facility.
