secwatch.observer — SEC 8-K summary
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Issuer:     Zeta Global Holdings Corp. (ZETA)
CIK:        0001851003
Form:       8-K
Filed at:   2026-07-27T20:05:18+00:00
Accession:  0001193125-26-318057
Event type: debt
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 1.02, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1851003/000119312526318057/0001193125-26-318057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1851003/000119312526318057/zeta-20260724.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-318057

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer