Zeta Global closes $1B credit facility to refinance existing debt, lower cost of capital

Zeta Global Holdings Corp.

New $1B facility includes $250M Term Loan A and $750M undrawn Revolving Credit Facility.
Replaces existing $550M credit facility; all outstanding $200M repaid and commitments terminated.
Interest rate: SOFR + 1.75%-2.50% or Base Rate + 0.75%-1.50%, based on leverage ratio.
Financial covenant: Consolidated Net Leverage Ratio ≤ 3.25x (step-up to 3.75x for four quarters post $100M+ acquisition).
Proceeds to be used for M&A, share repurchases, and general corporate purposes.

item 1.01 item 1.02 item 2.03 item 7.01 item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.