Trade Desk Secures $750M Revolving Credit Facility

The Trade Desk, Inc. has entered into an amended and restated loan and security agreement, establishing a new $750.0 million revolving credit facility. This facility, maturing on April 14, 2031, provides significant financial flexibility for the company. It includes sublimits for letters of credit and swingline loans, and offers the potential to expand by an additional $750.0 million under certain conditions. The facility is secured by substantially all of the company's assets and features variable interest rates.