TransUnion (TRU) has released an update.
TransUnion Intermediate Holdings and its subsidiaries have successfully amended their Credit Agreement, securing a new tranche of loans totaling $1.895 billion to refinance existing debt. This strategic financial move, which involves a commitment to quarterly repayments and a maturation date of December 1, 2028, demonstrates the company’s proactive approach to managing its capital structure. The newly acquired funds, which carry competitive interest rates, reaffirm obligations under previous loan documents and maintain the same restrictions and covenants, ensuring the company’s continued adherence to prudent financial practices.
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