secwatch / observer
8-K filed December 11, 2023, 6:59 PM ET ticker GTM CIK 0001794515
debt confidence high sentiment neutral materiality 0.55

ZoomInfo Technologies Inc. (GTM): debt financing — ZoomInfo amends credit agreement; extends maturity to Feb 2028 and reprices term loans

ZoomInfo Technologies Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

ZoomInfo Technologies Inc. amended credit facility with Morgan Stanley Senior Funding, Inc., as administrative agent, collateral agent and L/C issuer at applicable SOFR rate plus 2.25% per annum for SOFR Loans or the applicable Base maturing February 28, 2028.

Instrument
credit facility
Counterparty
Morgan Stanley Senior Funding, Inc., as administrative agent, collateral agent and L/C issuer
Rate
applicable SOFR rate plus 2.25% per annum for SOFR Loans or the applicable Base
Maturity
February 28, 2028
Event
amendment
Exact text from the filing
an extension of the scheduled maturity date of payment with respect to the principal amount of certain existing revolving credit commitments and existing revolving credit loans to February 28, 2028, and (ii) the repricing of the first lien term loan facility.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.99

ZoomInfo Technologies Inc. amended First Lien Credit Agreement Amendment with Morgan Stanley Senior Funding, Inc. valued at Extended maturity date to February 28, 2028; repriced SOFR+2.25% or Base Rate+1.25% (effective 2023-12-08).

Action
amendment
Agreement
credit facility
Counterparty
Morgan Stanley Senior Funding, Inc.
Value
Extended maturity date to February 28, 2028; repriced SOFR+2.25% or Base Rate+1.25%
Effective
2023-12-08
Exact text from the filing
On December 8, 2023, ZoomInfo LLC (the “Borrower”) entered into an amendment (the “Credit Agreement Amendment”), by and among the Borrower, ZoomInfo Technologies LLC, as the co-borrower (the “Co-Borrower”), ZoomInfo Midco LLC (“Holdings”), the other guarantors party thereto, each lender and L/C issuer party thereto, and Morgan Stanley Senior Funding, Inc., as administrative agent, collateral agent and L/C issuer, to the Borrower’s existing First Lien Credit Agreement, dated as of February 1, 2019, by and among the Borrower, the Co-Borrower, Holdings, the lenders from time to time party thereto and Morgan Stanley Senior Funding, Inc., as administrative agent, collateral agent and L/C issuer (as amended by that certain Amendment No. 1 to First Lien Credit Agreement, dated as of February 19, 2020, as further amended by that certain Amendment No. 2 to First Lien Credit Agreement, dated as of February 2, 2021, as further amended by that certain Amendment No. 3 to First Lien Credit Agreement
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73 debt financings filed in the last 30 days. Browse all debt financings →

ZoomInfo Technologies Inc. filing history →

Source: SEC EDGAR
accession 0001794515-23-000183
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