/PRNewswire/ CS Energy, a leading integrated energy firm that designs and builds optimized projects in the solar, storage, and emerging energy industries,.
CS Energy Announces Closing of Acquisition by American Securities prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Operator
Welcome to Ares Management Corporation s First Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. As a reminder this conference call is being recorded on Thursday, April 29th, 2021.
I will now turn the call over to Carl Drake, Head of Public Company Investor Relations for Ares Management.
Carl Drake
Investor Relations
Good afternoon and thank you for joining us today for our first quarter 2021 conference call. We hope everyone is safe and healthy. I m joined today by Michael Arougheti our Chief Executive Officer; and Michael McFerran, our Chief Operating Officer and Chief Financial Officer. In addition Bennett Rosenthal, Co-Chairman of our Private Equity Group; Kipp DeVeer, Head of our Credit Group; and Matt Cwiertnia, Co-Head of our Private Equity Group will be available for the question-and-answer session.
Share this article
Share this article
ALPHARETTA, Ga., April 29, 2021 /PRNewswire/ Priority Technology Holdings, Inc. (NASDAQ: PRTH) ( Priority ), a leading payments technology company, today announced the completion of its debt refinancing and preferred equity issuance.
The new senior debt facility, which improves interest expense by 75 basis points, includes an initial term loan of $300 million used to refinance existing debt and pay debt placement fees and expenses. A committed delayed draw term loan of $290 million is in place and will be used to finance a portion of the Finxera acquisition at closing later this year. Also, a new $40 million revolving credit facility is immediately available.
Priority Technology Holdings, Inc Announces Completion of Debt Refinancing and Preferred Equity Issuance prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.