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EngageSmart Fully Repays Debt, Ends Credit Agreement

EngageSmart Fully Repays Debt, Ends Credit Agreement

EngageSmart (ESMT) has released an update to notify the public and investors about a termination of a material definitive agreement.

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On January 26, 2024, in relation to the Merger, the Company fully repaid all outstanding debts under the Revolving Credit Agreement from September 27, 2021, terminating all commitments associated with it. Additionally, guarantees and liens that secured the debts were discharged and released.

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