National Amusements, the holding company through which the Redstone family controls ViacomCBS, has amended a credit agreement with its lenders after a recent technical violation of a minimum collateral requirement on a credit line owing to the sharp decline in ViacomCBS' stock price amid the coronavirus pandemic.
National Amusements, whose president is Shari Redstone, got a chance to cure the situation by March 28 and has now agreed with its lenders to terms that cure the technical violation.
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