Truist Securities Reiterates Buy Rating on Zeta Global Holdings Corp (ZETA)

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Zeta Global (ZETA) Completes Debt Refinancing

September 3, 2024 6:30 AM EDT

Zeta Global (NYSE: ZETA), the AI-Powered Marketing Cloud, today announced that it has successfully closed a $550 million loan facility to refinance its existing debt and lower its credit spreads. This new debt is a combination of $200 million Term Loan A and a $350 million Revolving Credit Facility, which remains undrawn at the time of closing.

We are pleased to announce this... More