debt
confidence high
sentiment positive
materiality 0.75
Digital Turbine secures $430M term loan facility, raises FY26 guidance
Digital Turbine, Inc.
- New $430M four-year term loan facility fully repays prior credit facility maturing Aug 2026.
- Warrants to purchase 1,222,419 shares at $4.84 per share issued to lenders.
- FY26 revenue guidance raised to $530-535M; Non-GAAP Adj. EBITDA raised to $92-95M.
- Interest at SOFR + 7.50-8.00% or reference rate + 6.50-7.00%; quarterly principal payments of $2.6875M.
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