EverCommerce (EVCM) said Monday it has refinanced its $533.5 million term loan, lowering the fixed interest rate to the secured overnight financing rate, or SOFR, plus 2.50% from SOFR plus 3.00%.
The refinancing also removed the credit spread adjustment, resulting in an annualized interest cost savings of about $3.3 million on the outstanding principal amount as of Sept. 30, the company said.
EverCommerce shares were 0.8% higher in recent trading.
Price: 12.30, Change: +0.10, Percent Change: +0.82
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。