Loan & DebtApr 6, 2026, 04:11 PM
DHI Group Enters Into New Credit Agreement with Bank of America, TD Bank, and Citizens Bank
AI Summary
DHI Group, Inc. has entered into a new credit agreement, effective April 1, 2026, with Bank of America, TD Bank, and Citizens Bank. This agreement provides the company with access to credit facilities, which can be used for various corporate purposes, including funding operations and potential acquisitions. The agreement includes terms related to loans, letters of credit, interest rates, and covenants, which will impact the company's financial flexibility and capital structure.
Key Highlights
- DHI Group, Dice Inc., and Dice Career Solutions are the borrowers under the agreement.
- Bank of America serves as the Administrative Agent, Swingline Lender, and L/C Issuer.
- TD Bank and Citizens Bank are Co-Documentation Agents.
- The agreement outlines terms for loans, letters of credit, prepayments, and interest rates.
- The agreement includes affirmative and negative covenants that DHI Group must adhere to.
Price Impact
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