Ribbon Communications Inc. Announces Closing of New $385 Million Senior Secured Credit Facility

Proceeds will be used to repay outstanding debt under current credit facility and to redeem Series A Preferred Stock HPS Investment Partners, LLC will serve as Administrative Agent under the 2024 Credit Facility and HPS Investment Partners, LLC and WhiteHorse Capital served as joint lead arrangers and bookrunners. About Ribbon Forward-looking statements are based on the Company's current expectations and assumptions regarding its business, the economy and other future conditions. Because forward-looking sta ...