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Stock impact report

Emerald Completes Refinancing and Upsizing of $515 Million Term Loan and Revolver Extension

Emerald Holding, Inc. (EEX) 
Last emerald holding, inc. earnings: 2/13 06:25 am Check Earnings Report
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Emerald Holding, Inc. (NYSE: EEX) (“Emerald” or the “Company”), America’s largest producer of trade shows and their associated conferences, content and commerce, today announced that it has successfully completed the refinancing of its First Lien Term Loan and extended the maturity date of its revolving credit facility.Emerald and a syndicate of lenders and Bank of America, as administrative agent, refinanced the Company’s existing $409 million First Lien Term Loan with a new upsized, seven-year, $515.0 million senior secured term loan facility (the “Term Loan Facility”), scheduled to mature on January 30, 2032. The Company also extended the maturity of its $110.0 million senior secured revolving credit facility (the Revolving Credit Facility), by five years, now set to mature on January 30, 2030.“This refinancing marks a pivotal milestone in strengthening our financial flexibility and optimizing our capital structure,” said David Doft, Emerald’s Chief F Show less Read more
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