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0 0.00102675993069368 0.00198934736571907 0.00275941731373937 0.00147596740037213 0.00853494192389132 -0.00481293717512674 -0.00481293717512674
Stock impact report

Cision Announces $250 Million New Money Financing, Refinancing, Extension of Debt Maturities [Yahoo! Finance]

Houlihan Lokey, Inc. Class A (HLI) 
Last houlihan lokey, inc. class a earnings: 2/3 04:15 pm Check Earnings Report
US:NYSE Investor Relations: hl.com/us/pressreleases.aspx
Company Research Source: Yahoo! Finance
and marketing communications professionals, announced today that it has secured commitments for $250 million of new money financing that will provide additional flexibility for the business and facilitate growth, with overwhelming support from existing lenders and noteholders. Cision's affiliate Castle US Holding Corporation (the " Company ") entered into a commitment letter and joinders thereto (collectively, the " Commitment Letter "), pursuant to which the Company and holders of over 90% of the Company's outstanding debt (the " Commitment Parties ") agreed to undertake certain financing transactions, as described below (the " Transactions "). The Commitment Parties include approximately 99% of lenders under the Company's existing senior secured credit facility and approximately 95% of holders of the Company's existing unsecured notes (the " Existing Notes "). The Transactions provide material benefits to the Company, including (i) raising approximately $250 million of additional li Show less Read more
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