debt
confidence high
sentiment positive
materiality 0.50
ZoomInfo reprices first-lien term loans to SOFR+1.75% in Amendment No. 7
ZoomInfo Technologies Inc.
- Entered Amendment No. 7 to First Lien Credit Agreement on June 10, 2024.
- First-lien term loan facility repriced; interest at SOFR+1.75% or Base Rate+0.75% per annum.
- Borrowers: ZoomInfo LLC and ZoomInfo Technologies LLC; Morgan Stanley as administrative agent.
- Amendment effective June 10, 2024; reduces interest expense on term loans.