eToro Secures $250 Million Revolving Credit Facility

Core Viewpoint - eToro Group Ltd. has successfully closed a new three-year $250 million senior unsecured revolving credit facility, enhancing its financial flexibility for long-term strategic growth [1][2][3] Financial Position - The credit facility remains undrawn at closing, indicating that eToro has no outstanding debt and maintains a strong liquidity position with over $736 million in cash, cash equivalents, and short-term investments as of March 31, 2025 [2][3] Strategic Growth - The facility is intended to support eToro's long-term strategic growth initiatives, reinforcing its robust liquidity profile and positioning the company for continued growth and expansion [2][3] Partnership and Arrangement - The credit facility was arranged by a consortium of banks including Citi, Bank Hapoalim, Bank Leumi, Deutsche Bank, Goldman Sachs, Mizuho Bank, Sumitomo Mitsui Banking Corporation, and UBS [3] Company Overview - eToro is a trading and investing platform founded in 2007, with a vision of enabling simple and transparent trading and investing. The platform has 40 million registered users across 75 countries, promoting a collaborative investment community [4]