debt
confidence high
sentiment neutral
materiality 0.45
Cannae Holdings amends margin loan; capacity cut to $50M, rate reduced to SOFR+275bps, maturity to 2028
Cannae Holdings, Inc.
- Facility capacity reduced from $150M to $50M; interest rate lowered from SOFR+310bps to SOFR+275bps.
- Maturity extended to August 27, 2028; Dun & Bradstreet Holdings removed from collateral pool.
- Outstanding balance repaid on August 26, 2025; no borrowings outstanding as of filing date.
- Amendment executed by indirect subsidiary Cannae Funding A, LLC with Bank of America as administrative agent.
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