05:40 PM EST, 03/03/2025 (MT Newswires) -- Gambling.com Group ( GAMB ) expanded its existing credit facility to $165 million from $100 million.
The expanded facility includes a $90 million revolving credit facility and a $75 term loan, Gambling.com ( GAMB ) said Monday in a statement. The maturity date on both facilities was extended to Feb. 28, 2028.
The amendment to the credit facility is now syndicated across multiple lenders with a Wells Fargo ( WFC ) unit as administrative agent, Gambling.com ( GAMB ) said.
The uncommitted incremental facilities cap was raised to $50 million from $10 million.