Inventurus Knowledge Solutions Issues USD 603.75M Corporate Guarantee

Inventurus Knowledge Solutions Limited has issued a corporate guarantee of up to USD 603,750,000 in favor of lenders, including Citibank N.A., Deutsche Bank AG, and JPMorgan Chase Bank, N.A., for facilities up to USD 575,000,000 to be availed by its wholly-owned subsidiary, IKS Inc. This guarantee is in connection with the acquisition of TruBridge, Inc. The Facilities will be used partly for refinancing existing indebtedness. Consequently, IKS Inc. has refinanced a USD 70,000,000 term loan facility, leading to the release of a previous corporate guarantee of USD 77,000,000. The corporate guarantee will be treated as a contingent liability.