Accelevation secures $650M senior secured credit agreement
Accelevation secures $650M senior secured credit agreement
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Accelevation Secures $650M Credit Facility at Lower Spread
Accelevation entered a $650 million senior secured credit agreement, comprising a $400 million revolver and a $250 million Term Loan A, maturing in 2031. Pricing is SOFR +1.50% to +2.50%, replacing facilities priced at SOFR +4.50% to +5.25%.