debt
confidence high
sentiment neutral
materiality 0.45
Urgently extends first-lien loan to Feb 28, 2025 and second-lien to Mar 31, 2025
Urgent.ly Inc.
- First lien term loan maturity extended to February 28, 2025 under Third Amendment.
- Second lien term loan maturity extended to March 31, 2025 under Seventh Amendment.
- Company continues working with lenders on capital structure improvements and refinancing.
- CFO Tim Huffmyer expressed appreciation for lender support in ongoing negotiations.