Consensus Cloud Solutions Secures $525 Million Credit Facilities Maturing 2031 to Refinance Notes
Consensus Cloud Solutions secured $525M in credit facilities, including a $225M revolving credit line and a $300M term loan, maturing in 2031. The funds will refinance $348.2M of 6.50% notes due in 2028. The loans bear interest at a base rate or SOFR plus a margin tied to leverage, with leverage and fixed charge covenants. According to the company, the agreement enhances liquidity and funds the planned retirement of 2028 senior notes.



