Global professional services firm Huron has amended and extended its senior secured credit facility.
Among other items, the amended and restated credit facility: Extends the maturity date from September 27, 2024, to November 15, 2027; Maintains aggregate revolving commitments of $600 million; Maintains favorable pricing and flexibility to support Huron’s balanced approach to capital deployment; Provides flexibility to add pricing adjustments tied to the achievement of ESG key performance indicators
"We are committed to driving long-term shareholder value through our focused growth strategy. This amended and restated credit facility provides the capacity, pricing, and flexibility to support our growth and ongoing capital requirements," said John D. Kelly, chief financial officer of Huron. "The ongoing commitment from Bank of America, JPMorgan Chase Bank, N.A., and PNC Bank, National Association, as well as our entire syndicate of lenders, reflects their confidence in Huron and our strategy."