Transaction Simplifies Company into a Pure-Play Microsoft Cloud and AI Solutions Provider Improved Financial Profile with US$35 million Debt Reduction Pro Forma Adjusted EBITDA of US$16.4.
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KORE Group Holdings completed its previously announced transactions to refinance its approximately $300 million term loan with the issuance of a new $185 million five-year term loan from Whitehorse Capital and a $150 million strategic investment from funds advised by Searchlight Capital Partners, L.P. As part of the transaction, Searchlight has.