Udemy Secures $200 Million Revolving Credit Facility to Boost Strategic Growth Initiatives

Reuters

06-03

Udemy Secures $200 Million Revolving Credit Facility to Boost Strategic Growth Initiatives

Udemy Inc., the AI-powered skills development platform, has secured a new $200 million senior secured revolving credit facility to bolster its financial flexibility for future growth initiatives. The facility, which matures on May 30, 2030, remains undrawn and adds to Udemy's strong liquidity profile, which includes over $350 million in cash and marketable securities. The lending syndicate for this facility includes Citibank, N.A. as Administrative Agent, along with MUFG Bank, Ltd., JPMorgan Chase Bank, N.A., and Morgan Stanley Senior Funding, Inc. This financial move positions Udemy to accelerate its AI innovation and pursue strategic growth opportunities in the evolving global workforce skills development market.

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. Udemy Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250602196586) on June 03, 2025, and is solely responsible for the information contained therein.

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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. Udemy Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250602196586) on June 03, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2264538146.SGD","symbol_name":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250603:nNDL5ftRBZ:1","article_id":"2540377472","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2540377472","pubTimestamp":1748956520,"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":"Udemy Inc., the AI-powered skills development platform, has secured a new $200 million senior secured revolving credit facility to bolster its financial flexibility for future growth initiatives. 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The facility, which matures on May 30, 2030, remains undrawn and adds to Udemy's strong liquidity profile, which includes over $350 million in cash and marketable securities. The lending syndicate for this facility includes Citibank, N.A. as Administrative Agent, along with MUFG Bank, Ltd., JPMorgan Chase Bank, N.A., and Morgan Stanley Senior Funding, Inc. This financial move positions Udemy to accelerate its AI innovation and pursue strategic growth opportunities in the evolving global workforce skills development market.\n      \n\nDisclaimer: 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. Udemy Inc. published the original content used to generate this news brief via Business Wire (Ref. 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