Keywords replaces euro revolver with expanded dollar facility

Chicago, July 21 – Keywords Studios plc entered into a replacement $400 million multicurrency revolving credit facility, according to an announcement.

The new agreement replaces a previous €150 million multicurrency revolver.

The company said it changed the currency to the U.S. dollar to match the expected predominant currency of future borrowings.

Citibank, NA, London Branch, HSBC Continental Europe, ING Bank NV, Dublin Branch, Bank of China (Europe) SA, Dublin Branch, Allied Irish Banks, plc, Northern Bank Ltd. trading as Danske Bank, and Governor and Co. of the Bank of Ireland are the lenders.

Proceeds are being used to provide long-term liquidity and the flexibility to pursue a growth strategy.

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

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