Magnite Announces Intention to Refinance Existing Credit Facilities

NEW YORK, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the world's largest independent sell-side advertising company, today announced its intention to refinance its outstanding senior secured credit facilities. The Company intends to replace its existing credit facilities, consisting of a $360.0 million term loan facility and a$65.0 million revolving credit facility (the "Existing Credit Facilities"), with a new senior secured term loan facility with an expected seven-year maturity (with no spr ...