Brief: Squarespace Entered Into Amendment No. 1 To Its Amended, Restated Credit Agreement

Squarespace

15/06/2023 21:15

June 15 (Reuters) - Squarespace Inc  SQSP.N :
    * SQUARESPACE INC - ENTERED INTO AMENDMENT NO. 1 TO ITS
AMENDED
AND RESTATED CREDIT AGREEMENT
    * SQUARESPACE INC - AMENDMENT WILL ESTABLISH ADDITIONAL TERM
LOAN
COMMITMENTS OF $100 MILLION
    * SQUARESPACE INC - MAJORITY OF BENEFITS OF DEAL WILL BE
REALIZED
IN 2024 AND BEYOND
    * SQUARESPACE INC - BELIEVES DEAL WILL BE MEANINGFULLY
ACCRETIVE
TO ITS BUSINESS FROM BOTH A REVENUE AND FREE CASH FLOW
PERSPECTIVE OVER TIME

Further company coverage:  SQSP.N 

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