Teads Holding enters four-year $125 million non-recourse accounts receivable financing facility
TEAD•Teads Holding entered a four-year, $125 million non-recourse accounts receivable financing facility, with proceeds to fund accounts receivable purchases and general corporate purposes. The credit and security agreement is set to terminate on September 30, 2030.
1. Financing facility
Teads Holding entered a four-year, $125 million non-recourse accounts receivable financing facility. Proceeds will fund the purchase price of accounts receivable and general corporate purposes; the credit and security agreement is set to terminate on September 30, 2030.
