New Financing Reduces Interest Expense, Removes Cumbersome Covenants, and Increases Operating FlexibilityCHARLOTTE, N.C., Aug. 22, 2025 /PRNewswire/ -- LendingTree, Inc. (NASDAQ: TREE), the nation's leading online financial services marketplace, today announced the successful closing of a $475 million credit facility, consisting of a new $400 million five-year Term Loan B and a $75 million revolving credit facility. The financing replaces the company's existing Term Loan B due 2028 and its loan agreement wi ...

Core Viewpoint - Agfa-Gevaert NV has signed a new €180 million revolving credit facility for three years, aimed at supporting working capital and general corporate purposes, replacing an existing facility set to expire in May 2026 [1] Financial Details - The new facility includes financial covenants such as leverage, interest cover, minimum adjusted EBITDA, and minimum liquidity, which will be tested quarterly or semi-annually [2] - The financial covenants are based on net financial debt excluding IFRS 16 and adjusted EBITDA calculated over the last 12 months [2][3] Institutional Arrangement - The new revolving credit facility has been arranged by a consortium of four financial institutions: BNP Paribas Fortis SA/NV, KBC Bank NV, Belfius Bank SA/NV, and ING Belgium SA/NV [3] Company Overview - Agfa-Gevaert Group is a prominent player in imaging technology with nearly 160 years of experience, serving sectors such as healthcare, printing, green hydrogen, and specific industrial applications [5] - In 2024, the Group reported a turnover of €1,138 million [5]

Core Insights - L.B. Foster Company (FSTR) has entered into a Fifth Amended and Restated Credit Agreement, extending the maturity date to June 27, 2030, increasing borrowing capacity to $150 million, and improving pricing and covenants [1][7] Group 1: Credit Agreement Details - The Credit Agreement can be utilized for working capital financing, capital expenditures, letters of credit, approved acquisitions, and general company purposes [2] - The terms of the agreement lower overall finance costs and reduce constraints, enhancing borrowing capacity, which aligns with the company's objectives for profitability and growth [2][7] Group 2: Growth Prospects - The company is optimistic about growth in its key platforms, Rail Technologies and Precast Concrete, and the new facility structure provides necessary flexibility and capacity for continued growth [3][7] Group 3: Market Performance - Shares of FSTR have increased by 7.3% over the past year, contrasting with a 29.3% decline in its industry [4]

Core Viewpoint - Metalla Royalty & Streaming Ltd. has secured a $40 million revolving credit facility with Bank of Montreal and National Bank Financial, enhancing its financial flexibility and reducing capital costs without equity dilution [1][2][3] Group 1: Credit Facility Details - The revolving credit facility allows Metalla to borrow up to $40 million, with an accordion feature for an additional $35 million, subject to certain conditions [1][3] - The facility has an initial term of 3 years, extendable annually by mutual agreement [6] - The company has drawn down $13.1 million from the facility to fully repay its existing C$50 million convertible loan facility with Beedie Investments [4][5] Group 2: Financial Implications - The new facility is expected to lower the company's cost of capital and provide the balance sheet strength to pursue larger, accretive transactions [2][6] - Interest rates for the facility will vary based on the type of advances, with USD Base Rate Advances and Term Benchmark Advances linked to the Secured Overnight Financing Rate (SOFR) plus a margin [6] - The undrawn portion of the facility incurs a standby fee ranging from 0.56% to 0.79% per annum, depending on the company's leverage ratio [6] Group 3: Company Background - Metalla focuses on acquiring royalties and streams in the gold, silver, and copper sectors, aiming to increase shareholder value through a diversified portfolio [7] - The company is positioned to become a leading emerging mid-tier royalty and streaming company, supported by a strong asset base and experienced management [2][7]

Core Viewpoint - Inspired Entertainment, Inc. has successfully completed a private placement of £270 million in senior secured notes due 2030 and established a new £17.8 million revolving credit facility, aimed at refinancing existing debt and supporting general corporate purposes [1][3]. Financing Details - The 2030 Senior Secured Notes will have a floating interest rate linked to SONIA, with a margin of 550 to 600 basis points, maturing on June 9, 2030 [2]. - The new Revolving Credit Facility will also have a floating interest rate based on SONIA, with a margin of 325 to 375 basis points, maturing on December 9, 2029 [2]. Use of Proceeds - Proceeds from the 2030 Senior Secured Notes will be used to redeem existing £235 million senior secured notes due June 1, 2026, repay £15 million in loans from the previous revolving credit facility, cover refinancing fees, and for general corporate purposes [3]. Company Overview - Inspired Entertainment, Inc. provides a diverse portfolio of gaming content, technology, hardware, and services across various regulated markets, operating in approximately 35 jurisdictions worldwide [6]. - The company supports around 50,000 gaming machines and offers virtual sports products through over 32,000 retail venues, along with interactive games for more than 170 websites [6].