tiprankstipranks
Company Announcements

TransUnion Refinances Debt with $1.895 Billion Loan Agreement

TransUnion Refinances Debt with $1.895 Billion Loan Agreement

TransUnion (TRU) has released an update.

TransUnion Intermediate Holdings and its subsidiaries have successfully amended their Credit Agreement, securing a new tranche of loans totaling $1.895 billion to refinance existing debt. This strategic financial move, which involves a commitment to quarterly repayments and a maturation date of December 1, 2028, demonstrates the company’s proactive approach to managing its capital structure. The newly acquired funds, which carry competitive interest rates, reaffirm obligations under previous loan documents and maintain the same restrictions and covenants, ensuring the company’s continued adherence to prudent financial practices.

For further insights into TRU stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App