Recent Updates — CCSI

Consensus Cloud Solutions entered into an amended and restated credit agreement providing a $225 million senior secured revolving credit facility and a $300 million delayed-draw term loan facility, maturing in September 2031. The company intends to use proceeds from the delayed-draw facility to retire approximately $348.2 million of its 6.50% senior notes due 2028 on or about October 15, 2027. The new facility is secured by substantially all assets and includes covenants restricting dividends, restricted payments, liens, mergers, acquisitions, and additional indebtedness. Consensus Cloud Solutions provides cloud-based software solutions for the insurance industry.