FNZ Group Completes $2.1bn Debt Refinancing
Summary
FNZ Group completed a $2.1 billion debt refinancing and secured new long-term facilities through November 2031. The package includes a new $2.1 billion term loan and a new $300 million revolving credit facility. The refinancing replaces FNZ's prior debt structure and gives the company more balance sheet flexibility. FNZ says the move reduces near-term refinancing risk and supports its long-term strategic priorities and customer service goals.
Funding
Amount
$2.1B
Total raised
Date
November 8, 2024
Announcement date
Investors
-
Lead investors
Company
fnz.com
Funded company
Classifications
industries
Fintech & Banking
applications
Accounting and Taxes
AskAI Classifications
Labels
Wealth Management Software
Financial Technology
SaaS Platform
Linked Companies
FNZ
$1M to $5M