Waystar Enhances Financial Flexibility with Term Loan Repricing
- Waystar announced the repricing of its first lien term loan due October 2029, aiming for favorable terms as part of its growth strategy.
- The interest rate on the term loan is now adjusted SOFR +2.00%, a 25-basis-point reduction from prior terms.
- Waystar has successfully repriced the loan three times, reducing borrowing costs by 211 basis points since June 2024.
- S&P, Moody's, and Fitch reaffirmed Waystar's debt rating and stable outlook recently.
Insights by Ground AI
Does this summary seem wrong?
46 Articles
46 Articles
Coverage Details
Total News Sources46
Leaning Left5Leaning Right7Center12Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 21%
C 50%
R 29%
Factuality
To view factuality data please Upgrade to Premium