Detailed information about Charles River Associates, a registered trade name of CRA International, Inc., is available at Follow us on LinkedIn, Twitter, and Facebook. Headquartered in Boston, CRA has offices throughout the world. Since 1965, clients have engaged CRA for its unique combination of functional expertise and industry knowledge, and for its objective solutions to complex problems. CRA advises clients on economic and financial matters pertaining to litigation and regulatory proceedings, and guides corporations through critical business strategy and performance-related issues. In addition to supporting CRA's working capital needs, the facility also delivers improved financial covenants and pricing."Ĭharles River Associates® is a leading global consulting firm specializing in economic, financial, and management consulting services. "With the support of this expanded bank group, the new facility provides added financial flexibility and enables CRA to continue investing in the business for profitable growth. "We are pleased to welcome TD Bank, Eastern Bank and Brookline Bank to CRA's team of banking partners, which has long included Bank of America and Citizens Financial Group," said Paul Maleh, CRA's President and Chief Executive Officer. Proceeds of the new revolving credit facility will be used to repay outstanding amounts under the existing revolving credit facility and will provide working capital to support continued growth in the business and fund other general corporate purposes. The facility replaces CRA's existing revolving credit facility, which was originally for an aggregate principal amount of up to $125 million and increased to $175 million last year, and was scheduled to mature in October 2022. The five-year facility is for an aggregate principal amount of up to $250 million, which amount may be decreased at CRA's option to $200 million from July 16 through January 15 of each year when CRA's working capital needs are typically diminished. 22, 2022- Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced a new and expanded revolving credit facility with a bank syndicate comprised of five lenders.
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