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EverCommerce Amends, Extends Credit Facility
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EverCommerce Amends, Extends Credit Facility
Jul 30, 2025 8:19 AM

10:52 AM EDT, 07/30/2025 (MT Newswires) -- EverCommerce ( EVCM ) said Wednesday that it has amended, repriced, and extended its credit facilities to enhance financial flexibility and reduce borrowing costs.

The firm restructured its $529.4 million term loan B with a new category of term B-2 loans, pushing the maturity date back by three years to July 6, 2031, and reducing the interest rate by 25 basis points to SOFR plus 2.25%, which was set at par.

In addition, EVCM extended the maturity of $125 million in revolving credit commitments to July 29, 2030, also cutting the interest rate by 25 basis points to SOFR plus 2%, said the company.

Price: 11.20, Change: -0.10, Percent Change: -0.88

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