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 >
Copyright 2023-2026 - www.financetom.com All Rights Reserved