debt
confidence high
sentiment neutral
materiality 0.60
Waystar refinances $1.29B term loans with SOFR+2.75% or ABR+1.75%
Waystar Holding Corp.
- Refinanced $1,290,900,000 of existing term loans via Amendment No. 9 to First Lien Credit Agreement.
- New Term Loans bear interest at Adjusted Term SOFR + 2.75% or ABR + 1.75%.
- No change to total outstanding indebtedness or borrowing capacity.
- Repricing Transaction within six months triggers a 1.00% prepayment premium.
- JPMorgan, Barclays, BofA, Deutsche Bank, Goldman Sachs, RBC acted as joint lead arrangers.