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- Paragon 28 Announces New $150 Million Credit Facility Replacing Existing $90 Million Credit Facility
- Trinseo Announces Completion of Transaction to Refinance $660 Million 2024 Term Loan and $385 Million of 2025 Senior Notes
- Chicago Atlantic Closes $20 Million Facility with Nova Farms
- White Oak Commercial Finance Delivers $7 Million Accounts Receivable Facility to Technology-Focused Staffing Company
DocuSign Bolsters Balance Sheet with Revolving Credit Facility
January 12, 2021
Source: PR Newswire
DocuSign, Inc. (Nasdaq: DOCU) today announced the closing of a new $500 million, five-year senior secured revolving credit facility. The facility will be undrawn at closing and carries an accordion feature allowing for an additional $250 million of capacity, subject to customary terms and conditions.
"This transaction provides us with more flexibility on our balance sheet to deliver on our growth agenda. We are taking advantage of the favorable market environment to optimize our capital structure and strengthen our balance sheet," remarked Cynthia Gaylor, Chief Financial Officer of DocuSign.
DocuSign also separately announced today the launch of a private offering of senior convertible notes.
Investor Relations:
Annie Leschin
VP Investor Relations
investors@docusign.com
Media Relations:
Adrian WainwrightHead of Communications
media@docusign.com
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