Yext Inc. Secures $200 Million Debt Facility from BlackRock to Boost Growth and Strategic Acquisitions

Reuters

05-21

<a href="https://laohu8.com/S/YEXT">Yext Inc.</a> Secures $200 Million Debt Facility from BlackRock to Boost Growth and Strategic Acquisitions

Yext Inc., the leading digital presence platform for multi-location brands, has secured a $200 million senior secured term loan facility from funds and accounts managed by BlackRock. This agreement provides Yext with enhanced flexibility to support its growth initiatives and pursue strategic acquisitions, replacing the company's revolving credit facility with Silicon Valley Bank, which was set to expire at the end of 2025. By refinancing, Yext has optimized its debt structure and increased access to capital under favorable market conditions. CEO Michael Walrath stated that the financing underscores Yext's business strength and strategic opportunities, allowing the company to focus on disciplined growth and expanding its leadership in digital presence management.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Yext Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250521026081) on May 21, 2025, and is solely responsible for the information contained therein.

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Secures $200 Million Debt Facility from BlackRock to Boost Growth and Strategic Acquisitions","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/YEXT\">Yext Inc.</a> Secures $200 Million Debt Facility from BlackRock to Boost Growth and Strategic Acquisitions\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Yext Inc., the leading digital presence platform for multi-location brands, has secured a $200 million senior secured term loan facility from funds and accounts managed by BlackRock. 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Secures $200 Million Debt Facility from BlackRock to Boost Growth and Strategic Acquisitions\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-21 21:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/YEXT\">Yext Inc.</a> Secures $200 Million Debt Facility from BlackRock to Boost Growth and Strategic Acquisitions\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Yext Inc., the leading digital presence platform for multi-location brands, has secured a $200 million senior secured term loan facility from funds and accounts managed by BlackRock. This agreement provides Yext with enhanced flexibility to support its growth initiatives and pursue strategic acquisitions, replacing the company's revolving credit facility with Silicon Valley Bank, which was set to expire at the end of 2025. By refinancing, Yext has optimized its debt structure and increased access to capital under favorable market conditions. CEO Michael Walrath stated that the financing underscores Yext's business strength and strategic opportunities, allowing the company to focus on disciplined growth and expanding its leadership in digital presence management.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Yext Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250521026081) on May 21, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BGHQF748.EUR","symbol_name":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (EUR) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250521:nNDL4GDgn2:1","article_id":"2537935880","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537935880","pubTimestamp":1747832714,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Yext Inc., the leading digital presence platform for multi-location brands, has secured a $200 million senior secured term loan facility from funds and accounts managed by BlackRock. 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Secures $200 Million Debt Facility from BlackRock to Boost Growth and Strategic Acquisitions\n    \n\n        Yext Inc., the leading digital presence platform for multi-location brands, has secured a $200 million senior secured term loan facility from funds and accounts managed by BlackRock. This agreement provides Yext with enhanced flexibility to support its growth initiatives and pursue strategic acquisitions, replacing the company's revolving credit facility with Silicon Valley Bank, which was set to expire at the end of 2025. By refinancing, Yext has optimized its debt structure and increased access to capital under favorable market conditions. 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