IAS Announces Completion of Expanded Credit Facility

Core Insights - Integral Ad Science (IAS) has amended its credit agreement, extending the maturity of its revolving credit facility to June 17, 2030, and adding a new $30 million sub-facility for swingline loans [1] - The amendment allows IAS to increase its borrowing capacity from $300 million to at least $550 million, enhancing its financial flexibility [1][2] - As of March 31, 2025, IAS reported a healthy liquidity profile with $59 million in cash and cash equivalents [1] Financial Details - The new credit agreement includes a $100 million currency sublimit and a $30 million sub-facility for standby letters of credit [1] - The increased accordion feature in the credit agreement is subject to lender approval [1] Company Overview - IAS is a leading global media measurement and optimization platform, providing actionable data to improve ad performance for advertisers and publishers [2] - The company's mission is to establish itself as the global benchmark for trust and transparency in digital media quality [2]