P10 Expands Credit Agreement to $500 Million
Summary
JPMorgan Chase Bank, N.A., KeyBanc Capital Markets Inc., and Texas Capital Bank served as Joint Lead Arrangers and Joint BookrunnersDALLAS, Aug. 05, 2024 (GLOBE NEWSWIRE) -- (NYSE: PX) (the Company), a leading private markets solutions provider, today announced an amended and restated credit agreement that expands the existing total credit capacity to $500 million from new and existing lenders.Our upsized credit facilities strengthen P10s balance sheet, while offering ample financial flexibility as we execute our organic and inorganic growth roadmap, said Amanda Coussens, Executive Vice President, Chief Financial Officer and Chief Compliance Officer. Forward-looking statements discuss managements current expectations and projections relating to our financial position, results of operations, plans, objectives, future performance, and business. The inclusion of any forward-looking information in this release should not be regarded as a representation that the future plans, estimates, or expectations contemplated will be achieved. Forward-looking statements reflect managements current plans, estimates, and expectations, and are inherently uncertain. We undertake no obligation to update or revise any forward-looking statement as a result of new information or future events, except as otherwise required by law.