Dropbox enters USD 400 million senior secured revolving credit facility led by JPMorgan Chase
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Dropbox, Inc. Class A DBX | 0.00 |
- Dropbox entered a new senior secured revolving credit facility providing up to USD 400 million of borrowing capacity.
- JPMorgan Chase Bank will act as administrative agent, collateral agent, joint lead arranger, and bookrunner, alongside other lenders.
- Proceeds may fund working capital and general corporate purposes, including share repurchases.
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