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TKO Declares First Quarter 2026 Dividend
Businesswire· 2026-03-04 14:15
Core Viewpoint - TKO Group Holdings, Inc. has declared a quarterly cash dividend of approximately $150 million, with a per share dividend of $0.78 for Class A common stockholders, to be paid on March 31, 2026 [1] Financial Summary - The dividend will be distributed to Class A common stockholders of record as of the close of business on March 16, 2026 [1] - Future dividend declarations will depend on various factors including operational results, financial condition, market conditions, and cash flow requirements [2] Credit Facility Update - The company has launched a potential upsize of its existing credit facility by up to $900 million, subject to market conditions and customary closing conditions [3] Company Overview - TKO Group Holdings, Inc. operates in the premium sports and entertainment sector, encompassing UFC, WWE, PBR, and Zuffa Boxing, reaching over 1 billion households across 210 countries and territories [5] - The company organizes more than 500 live events annually, attracting over three million fans [5] - TKO also partners with major sports rights holders through IMG and On Location, enhancing its market presence [5]
Jefferson Capital Announces Amendment and Upsize of Senior Secured Revolving Credit Facility
Globenewswire· 2025-10-28 12:00
Core Viewpoint - Jefferson Capital, Inc. has amended and extended its senior secured revolving credit facility, which is expected to support the company's growth momentum following the acquisition of the Bluestem portfolio [1] Company Overview - Jefferson Capital, Inc. was founded in 2002 and specializes in the purchase and management of charged-off and insolvency consumer accounts across multiple regions including the United States, Canada, the United Kingdom, and Latin America [2] - The company services both secured and unsecured assets and has a diverse client base that includes Fortune 500 companies, banks, fintech platforms, telecommunications providers, credit card issuers, and auto finance companies [2] Credit Facility Amendment Details - The credit facility has been increased by $175 million, bringing the total committed capital to $1 billion [4] - Interest rate margins on outstanding loans under the credit facility have been reduced by 50 basis points [4] - The non-use fee rate for unutilized commitments has been decreased by 5 basis points, with a maximum applicable non-use fee rate set at 35 basis points [4] - The maturity of the credit facility has been extended to October 27, 2030, with specific conditions related to existing senior notes [4] - The existing financial covenant requiring a minimum tangible net worth of certain subsidiaries has been removed [4]