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Zeta Global Holdings Corp (ZETA) just unveiled an update.
Zeta Global Holdings Corp. secured a significant financial boost, striking a $550 million senior secured credit facility with Bank of America and other lenders. This facility, split between a $200 million term loan and a $350 million revolving credit, replaces an existing agreement and offers competitive interest rates tied to the company’s leverage ratio. The deal is designed with built-in safeguards, like limiting additional debt and requiring the company to keep leverage under a certain threshold, thereby positioning Zeta Global for robust fiscal health and strategic growth.
See more data about ZETA stock on TipRanks’ Stock Analysis page.