Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Accelevation Signs New $650 Million Senior Secured Credit Agreement

Accelevation Signs New $650 Million Senior Secured Credit Agreement

MT newswireMT newswire2026/10/13 12:20
08:20 AM EDT, 10/13/2026 (MT Newswires) -- Accelevation Holdings (ACCV) has entered into a new $650 million senior secured credit agreement that replaces prior credit facilities established before the company's initial public offering, it said on Tuesday. The new facilities consist of a $400 million revolving credit facility and a $250 million term loan A, and mature in 2031, the company said. The facilities carry a term secured overnight financing rate, or SOFR, plus 1.50% to 2.50%, compared to the prior rate of SOFR plus 4.50% to 5.25%, Accelevation said.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!