debt
confidence high
sentiment neutral
materiality 0.55
Palantir adds $450M delayed draw term loan; available through July 2023, matures 2027
Palantir Technologies Inc.
- Palantir entered Amendment No. 13 to credit agreement adding up to $450M in delayed draw term loans.
- Facility available through July 1, 2023, matures March 31, 2027, with no scheduled amortization.
- No amounts are outstanding under the credit agreement as of July 1, 2022.
- Facility secured by substantially all Palantir assets; proceeds for general corporate purposes.
- Lenders include Wells Fargo, Truist, Credit Suisse, Bank of Nova Scotia.