Waystar Reprices Term Loan

MT Newswires Live
Aug 13

Waystar (WAY) said Tuesday it has repriced its first lien term loan due October 2029.

The interest rate on the loan has been lowered to SOFR plus 2.00%, a 25 basis point decrease from previous terms, the company said.

The company also said it will add $250 million of incremental term loans to the facility under the same terms, subject to the closing of the planned acquisition of Iodine Software.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10