Upland Software, Inc., a leader in AI-powered knowledge and content management software, has announced the successful completion of a debt refinancing agreement with Sound Point Capital. The company secured a new $240 million, six-year term loan, extending the maturity of its debt to 2031, and a $30 million revolving credit facility. This refinancing is aimed at enhancing Upland Software's financial flexibility, enabling further investment in its software solutions and driving long-term value for customers and shareholders. The legal advisors for this agreement were Morrison & Foerster LLP for Upland Software and Paul Hastings LLP for Sound Point Capital.
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