Zeta Global Holdings Corp. has entered into a new five-year, $1.0 billion senior secured credit facility, which replaces its previous credit agreement dated August 30, 2024. The new facility, led by Bank of America, N.A., provides increased financial flexibility and was used to repay all outstanding obligations under the prior agreement.
Key Details
- The new credit facility, dated July 24, 2026, is comprised of a $250.0 million senior secured term A loan and a $750.0 million senior secured revolving credit facility.
- Concurrently with this agreement, the company terminated its existing credit facility by repaying all outstanding obligations of $200.0 million.
- The agreement includes a financial covenant requiring the company to maintain a Consolidated Net Leverage Ratio not exceeding 3.25:1.00, with a potential step-up to 3.75:1.00 for four quarters following an acquisition of at least $100 million.