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Zeta Global Secures $550M Loan Facility to Refinance Debt and Lower Credit Costs
2024-09-03 18:33
Zeta Global (NYSE:ZETA), the AI-Powered Marketing Cloud, today announced that it has successfully closed a $550 million loan facility to refinance its existing debt and lower its credit spreads. This new debt is a combination of $200 million Term Loan A and a $350 million Revolving Credit Facility, which remains undrawn at the time of closing.
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