Asure Software Secures $115 Million Senior Credit Facility
The facility includes an $85 million term loan drawn at closing, a $10 million revolver available through 2031 and a $20 million delayed-draw term loan available through 2028. The company said the financing is to refinance and fund MA.
Asure Software entered a new $115 million senior secured credit facility led by MUFG, comprising an $85.0 million term loan drawn at closing, a $10.0 million revolver available through 2031, and a $20.0 million delayed-draw term loan available through 2028. Concurrently, the company retired its Mid…