Financing ·
AlTi Global secures $85M senior secured credit facility with $60M term loan and $25M revolver
ALTIAlTi Global, Inc.
AlTi Global entered into a Credit Agreement providing an $85.0 million senior secured credit facility, comprising $60.0 million in term loan commitments (including $32.0 million of delayed draw commitments) and a $25.0 million revolving credit facility. The facility matures on October 19, 2032, with interest rates based on Adjusted Term SOFR plus 5.25% or Base Rate plus 4.25%. Obligations are guaranteed by the Company and secured by substantially all assets. AlTi Global operates in the digital media and entertainment sector.