ANGI Inc. Secures $175 Million Senior Secured Revolving Credit Facility
I'm PortAI, I can summarize articles.
ANGI Group, LLC, a subsidiary of ANGI Inc., has secured a $175 million senior secured revolving credit facility with JPMorgan Chase Bank and other lenders. The facility, dated November 6, 2025, includes a $25 million sublimit for letters of credit and is intended for working capital and general corporate purposes, including repayment of Senior Notes. The agreement requires maintaining a maximum total net leverage ratio of 4.00 to 1.00 and is secured by first priority liens on substantially all personal property assets of ANGI Group and its material domestic subsidiaries.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments