Financing ·
PPHC borrows $65M under new $105M senior secured credit facility to refinance debt and fund Reevemark acquisition
PPHCPublic Policy Holding Company, Inc.
Public Policy Holding Company entered into a new $105 million senior secured credit facility, consisting of a $65 million term loan and a $40 million revolving credit facility. The company borrowed the full $65 million term loan at closing to refinance existing indebtedness and fund the initial cash consideration for the acquisition of Reevemark LLC. The facility matures in November 2031 with interest based on SOFR plus 185-230 basis points. PPHC intends to syndicate the facility to increase total capacity to $150 million, anticipated to close in January 2027. Public Policy Holding Company operates as a global strategic communications provider offering government relations and public affairs services.