financetom
Business
financetom
/
Business
/
Magnite Secures Lower Interest Rate for Term Loan Facility due February 2031
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Magnite Secures Lower Interest Rate for Term Loan Facility due February 2031
Sep 22, 2024 4:43 PM

05:40 AM EDT, 09/19/2024 (MT Newswires) -- Magnite ( MGNI ) said late Wednesday it has repriced its senior secured term loan facility due February 2031, reducing the interest rate by 75 basis points to 3.75% on top of the term secured overnight financing rate.

All other terms of the term loan are substantially unchanged, the company said.

Price: 13.31, Change: +0.01, Percent Change: +0.08

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Pan Global Expands Near-Surface High-Grade Copper-Cobalt-Nickel-Gold Target At Spain Project
Pan Global Expands Near-Surface High-Grade Copper-Cobalt-Nickel-Gold Target At Spain Project
Aug 20, 2025
01:04 PM EDT, 08/20/2025 (MT Newswires) -- Pan Global Resources ( PGZFF ) on Wednesday said it extended near-surface gold and base-metal mineralization at its Providencia target within the Carmenes Project in northern Spain. The company said best results from assays from an underground channel-sampling at the historic Providencia mine workings, showed high-grade copper content of up to 4.17%, cobalt...
Stock Of The Day: Floating Island Reversal Pattern In Nebius?
Stock Of The Day: Floating Island Reversal Pattern In Nebius?
Aug 20, 2025
Shares of Nebius Group N.V. ( NBIS ) are trading lower Wednesday. They may be on the verge of filling a gap to the downside. This action would make a classic ‘floating island' pattern appear on the chart below. This has bearish implications and would suggest a new downtrend is forming. This is why it is our Stock of the Day....
Upstream Oil, Gas Operators Eye Reinvestment Opportunities With Tax Savings Boost
Upstream Oil, Gas Operators Eye Reinvestment Opportunities With Tax Savings Boost
Aug 20, 2025
01:03 PM EDT, 08/20/2025 (MT Newswires) -- US oil and natural gas exploration and production companies may see a windfall from recently passed tax legislation that's forecast to boost cash flow to be used for reinvestment or increased capital return to shareholders. The so-called One Big Beautiful Bill Act that was signed into law in July allows US producers to...
Sector Update: Consumer
Sector Update: Consumer
Aug 20, 2025
01:00 PM EDT, 08/20/2025 (MT Newswires) -- Consumer stocks were mixed Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) rising 0.6% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 1.1%. In corporate news, Target ( TGT ) affirmed its full-year outlook but the retailer maintained a cautious approach amid tariff-related headwinds, while announcing a new...
Copyright 2023-2026 - www.financetom.com All Rights Reserved