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Emerald Expositions Events ( (EEX) ) has provided an update.
Emerald Expositions Events is seeking to raise a new $415 million First Lien Term Loan to refinance its existing $409 million loan due in 2026. The transaction aims to maintain leverage neutrality while extending the existing revolving credit facility into a new five-year facility, reflecting the company’s robust post-COVID recovery with significant liquidity and financial stability.
More about Emerald Expositions Events
Emerald Expositions Events is the largest U.S.-based business-to-business events platform. It offers a portfolio of essential events along with complementary digital properties across a broad range of end markets.
YTD Price Performance: -0.42%
Average Trading Volume: 155,648
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $958.1M
Learn more about EEX stock on TipRanks’ Stock Analysis page.
