debt
confidence high
sentiment neutral
materiality 0.40
RingCentral extends delayed draw term loan commitment to March 2026
RingCentral, Inc.
- Extended delayed draw termination date for $350M undrawn commitments to March 31, 2026.
- As of March 27, $370M in term loans outstanding; no revolver or letters of credit.
- Consenting lenders receive amendment fee of 0.075% of their delayed draw commitments.