Taboola Announces Successful Completion of Debt Refinancing, Significantly Reducing Annual Interest Expenses
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Taboola has completed a debt refinancing by securing a $270 million revolving credit facility, which will reduce its annual interest expenses by $3 to $5 million.
March 19, 2025 | 10:45 am
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Taboola has successfully refinanced its debt with a new $270 million revolving credit facility, leading to an estimated annual interest savings of $3 to $5 million.
The refinancing reduces Taboola's financial burden by lowering interest expenses, which is a positive development for the company's financial health. This move is likely to be viewed favorably by investors, potentially boosting the stock price in the short term.
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