Grindr Amends, Extends, and Upsizes Credit Facility to $600 Million
Grindr Inc. (GRND)
Company Research
Source: Business Wire
WEST HOLLYWOOD, Calif.--(BUSINESS WIRE)--Grindr Inc. (NYSE: GRND), the Global Gayborhood in Your Pocket™, today announced that it amended, extended and upsized its syndicated revolving credit and term loan facility from $350 million to $600 million. The Term Loan A was upsized by $100 million to $400 million, while the revolving credit facility was upsized by $150 million to $200 million, and the maturities were extended from November 2028 to January 2031.Proceeds will be used to refinance existing debt and for general corporate purposes. At closing, Grindr will add approximately $112 million of cash to its balance sheet, with the revolving credit facility remaining undrawn, resulting in approximately $312 million of total additional liquidity."We are pleased to successfully execute this transaction with the support of our existing bank group including J.P. Morgan, Bank of America, Capital One, Citizens Bank, and Silicon Valley Bank, along with two new lender partners, U.S. Bank a
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GRND
News
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- Grindr UNWRAPPED 2025: The Biggest, Boldest & Gayest Year in ReviewBusiness Wire
- Johnson Fistel Investigates the Grindr Board for Potential Breaches of Fiduciary Duties in the Grindr Buyout TerminationGlobeNewswire
GRND
Earnings
- 11/6/25 - Beat
GRND
Sec Filings
- 12/16/25 - Form 8-K
- 12/9/25 - Form 4
- 12/9/25 - Form 144
- GRND's page on the SEC website