Magnite reprices Term Loan B to Term SOFR +2.50%
Magnite repriced its $358M Term Loan B to Term SOFR + 2.50% (from +3.00%) and reduced revolver margins by 100 bps, cutting annualized interest expense by about $1.8M.
Magnite repriced its $358M Term Loan B to Term SOFR + 2.50% (from +3.00%) and reduced revolver margins by 100 bps, cutting annualized interest expense by about $1.8M.