Asure Software Secures $115 Million Credit Facility With MUFG-Led Lenders

Bitget2026/10/16 20:17

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Asure Software entered a $115 million credit agreement on October 15, 2026, with MUFG Bank as administrative agent.
The initial $85 million term loan was fully drawn at closing, carrying a 7.04% interest rate for the first three months.
Facilities include a $10 million revolver through October 15, 2031, and $20 million delayed-draw term loan through October 15, 2028.
The agreement permits up to $30 million in additional term loans or revolving credit increases, subject to conditions.
Quarterly principal repayments begin April 1, 2027, with the remaining term loan balance due October 15, 2031.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Asure Software Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-116616), on October 16, 2026, and is solely responsible for the information contained therein.

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.

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Asure Software Secures $115 Million Credit Facility With MUFG-Led Lenders

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