Zeta Announces Successful Completion of Debt Refinancing
Summary
"We are pleased to announce this proactive refinancing agreement, which reduces our cost of capital and strengthens our liquidity," said David A. Steinberg, Co-Founder, Chairman, and CEO of Zeta. This increased flexibility allows us to remain opportunistic for tuck-in acquisitions that we expect to meet our criteria which includes: None Fully integrate into our platform in less than a year, None Grow the acquired business at faster pace than our overall organic growth rate. Additionally, the lower credit spreads achieved through this deal will improve our free cash flow, further supporting our go forward business strategy while currently operating at a leverage ratio of less than 0.5x. Our enterprise customers across multiple verticals are empowered to personalize experiences with consumers at an individual level across every channel, delivering better results for marketing programs. These statements often include words such as "anticipate," "expect," "suggests," "plan," "believe," "intend," "estimates," "targets," "projects," "should," "could," "would," "may," "will," "forecast," "outlook," "guidance" and other similar expressions.
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