Monday, July 15, 2024

Google Alert - secured loans

Google
secured loans
As-it-happens update July 15, 2024
NEWS
8x8 secures $200M loan at lower rate, prepays existing debt. New terms allow stock buybacks, promising significant interest savings.
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... secured a new $200 million Delayed Draw Term Loan Credit Facility (the "Delayed Draw Term Loan" or "Credit Agreement"). The Company intends to use ...
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8x8 (EGHT) secures a $200 million Delayed Draw Term Loan Credit Facility to prepay existing debt, with a lower interest rate.
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This pilot loan program will permit participating lenders to make SBA-guaranteed working capital revolving lines of credit. On July 15, 2024, the US ...
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