Innovate extends debt maturity to Dec. 31, 2026; ends $105M bridge loan
INNOVATE extended the maturity of its MSD Credit Agreement to December 31, 2026. It also executed an LLC agreement for HC2 Broadcasting JV governance and ended a $105M bridge loan as part of post-transaction steps.
INNOVATE reported several post-transaction steps tied to its Broadcasting segment disposition and capital structure.
The company extended the maturity of its MSD Credit Agreement to December 31, 2026, enhancing near-term liquidity.
INNOVATE also executed a Limited Liability Company Agreement to gov…