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An announcement from P10 Holdings (PX) is now available.
P10, Inc. has revamped its financial strategy by amending and restating its existing credit agreement, now securing a more robust financial package that includes a $175 million senior secured revolving credit facility and a $325 million senior secured term loan facility, both due by August 2028. This move, aimed at refinancing existing debts and funding corporate initiatives like acquisitions, comes with an option to expand the credit by an additional $125 million under certain conditions. The credit facilities, backed by the company’s assets and subsidiary guarantees, feature competitive interest rates and are subject to standard covenants and operational conditions.
For detailed information about PX stock, go to TipRanks’ Stock Analysis page.
