Roku Enters Into Credit Agreement Providing $300M Five-Year Revolving Credit Facility, Including $100M Sub-Facility For Letters Of Credit And An Option To Increase By An Additional $300M
Portfolio Pulse from Benzinga Newsdesk
Roku has entered into a credit agreement for a $300 million five-year revolving credit facility, which includes a $100 million sub-facility for letters of credit and an option to increase by an additional $300 million.
September 17, 2024 | 8:28 pm
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Roku has secured a $300 million five-year revolving credit facility, enhancing its financial flexibility. This includes a $100 million sub-facility for letters of credit and an option to increase the facility by an additional $300 million.
The credit facility provides Roku with increased financial flexibility, which can be used for various corporate purposes, potentially supporting growth and operations. The option to increase the facility further enhances its financial position.
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