LegalZoom Amends Revolving Credit Facility, Reduces Loan Commitments to $100M and Extends Maturity to 2030

Reuters
07-18
LegalZoom Amends Revolving Credit Facility, Reduces Loan Commitments to $100M and Extends Maturity to 2030

LegalZoom.com, Inc. has amended its existing credit agreement, reducing its revolving loan commitments from $150 million to $100 million, while retaining the ability to use up to $20 million for letters of credit and up to $10 million for swingline loans. The amendment, effective July 14, 2025, extends the maturity date from July 2, 2026, to July 14, 2030, and eliminates the 0.10% credit spread adjustment to the Term SOFR benchmark. Additionally, the amendment introduces further interest rate margin reductions contingent upon achieving specified leverage ratios. The company remains in compliance with all financial covenants, with no amounts currently outstanding under the facility.

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. LegalZoom.com Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-25-035220), on July 17, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10