Revolving Credit Facility
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Nexxen Announces Transition to Reduced $50 Million Revolving Credit Facility
Globenewswire· 2025-05-30 11:30
Core Viewpoint - Nexxen International Ltd. has successfully amended its revolving credit facility, reducing the committed facility size and extending the maturity date, which enhances its liquidity for business operations and strategic investments [1][2]. Company Overview - Nexxen is a global advertising technology platform specializing in data and advanced TV, offering a flexible technology stack that includes a demand-side platform (DSP) and supply-side platform (SSP) [3]. - The company is headquartered in Israel and has offices across the United States, Canada, Europe, and Asia-Pacific, and is publicly traded on Nasdaq under the ticker NEXN [4]. Financial Update - The committed facility size of Nexxen's revolving credit facility has been reduced from $90 million to $50 million, with the maturity extended to September 2027 [2]. - The company's strong cash position, combined with the updated credit facility, provides sufficient liquidity to support ongoing business needs and future strategic initiatives [2].
CSW Industrials Renews, Extends Revolving Credit Facility and Upsizes to $700 Million
Globenewswire· 2025-05-05 12:30
Core Points - CSW Industrials, Inc. announced the renewal and extension of its Revolving Credit Facility, increasing the commitment from $500 million to $700 million, with a five-year term maturing in May 2030 [1][2] - The renewal provides the company with efficient access to capital, enabling it to pursue growth opportunities decisively [2] - JPMorgan Chase Bank, N.A. serves as the administrative agent, with JPMorgan Chase Bank and Truist Bank acting as joint lead arrangers and joint bookrunners [2] Company Overview - CSW Industrials is a diversified industrial growth company operating in three segments: Contractor Solutions, Specialized Reliability Solutions, and Engineered Building Solutions [3] - The company offers niche, value-added products characterized by performance and reliability, serving markets such as HVAC/R, plumbing, electrical, general industrial, architecturally-specified building products, energy, mining, and rail transportation [3]