Ziff Davis restructures balance sheet to get better loan terms

By Sara Rosenberg

New York, April 6 - Ziff Davis Enterprise completed a restructuring of its balance sheet that included obtaining more favorable loan terms, according to a news release.

The restructuring also reduced the company's debt and improved access to capital.

"The goal was to de-lever the company and get access to liquidity that will ease the company's path through some of the lean months ahead in this economic downturn," said Steve Weitzner, chief executive officer, in the release.

Ziff Davis is a New York-based B2B technology information and marketing resource.

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