Consensus Cloud Bolsters Balance Sheet with New $225 Million Credit Facility | Consensus Cloud News & Analysis

▤ Summary

Consensus Cloud Solutions secured a new $225 million senior secured credit facility to strengthen liquidity and increase financial flexibility. The package includes a $75 million revolving facility and a $150 million delayed-draw term loan, and it replaces the company’s prior revolving credit line. The company expects to draw on the delayed-draw portion in the last fiscal quarter of 2025. The new agreement matures in July 2028 and includes customary lender covenants that limit dividends, certain debt payments, liens, and some merger or acquisition activity.

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