Brief: J2 Global Enters Into Fourth Amendment To Credit Agreement

Ziff Davis

22/09/2021 11:23

Sept 22 (Reuters) - j2 Global Inc  JCOM.O :
    * J2 GLOBAL INC - ON SEPTEMBER 16, ENTERED INTO FOURTH
AMENDMENT
TO CREDIT AGREEMENT DATED AS OF APRIL 7, 2021
    * J2 GLOBAL INC - CREDIT AGREEMENT PROVIDES FOR ISSUANCE OF
SENIOR
SECURED TERM LOAN UNDER EXISTING CREDIT AGREEMENT, IN PRINCIPAL
AMOUNT OF $485 MILLION
    * J2 GLOBAL INC - CITICORP NORTH AMERICA, INC. HAS COMMITTED
TO
PROVIDE $291 MILLION OF BRIDGE LOAN FACILITY
    * J2 GLOBAL INC - MUFG UNION BANK, N.A. HAS COMMITTED TO
PROVIDE
$194 MILLION OF BRIDGE LOAN FACILITY
    * J2 GLOBAL INC - EXPECTS TO DRAW FULL $485 MILLION ON OR
ABOUT
SEPTEMBER 23, 2021

Further company coverage:  JCOM.O 

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