Keywords gets €150 million extendable multicurrency revolver due 2024

By Devika Patel

Knoxville, Tenn., Dec. 23 – Keywords Studios plc obtained a €150 million new three-year unsecured multicurrency revolving facility agreement with a syndicate of four lenders, according to a press release.

The company may extend the term twice in one-year increments, subject to lender consent. The facility also includes an additional €50 million uncommitted accordion.

The lender group is made up of Citi Commercial Bank, Fifth Third Bank, NA, HSBC Continental Europe and ING Bank NV, Dublin branch.

The new facility replaces the company's previous €100 million three-year secured revolving credit facility, which was negotiated in October 2019.

Dublin, Ireland-based Keywords offers an end-to-end platform and technical services for video games publishers and developers.

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