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Upland Software Announces the Successful Completion of Debt Refinancing

1. Upland Software refinances debt with a $240M loan, maturing in 2031. 2. A $30M revolving credit facility adds financial flexibility for UPLD.

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Why Bullish?

The refinancing extends debt maturity, reducing immediate financial pressure. Similar moves by companies often lead to stock price stabilization or appreciation.

How important is it?

The refinancing reduces short-term financial risks and boosts market confidence, likely enhancing UPLD's stock attractiveness.

Why Long Term?

The extension of debt maturity to 2031 provides long-term stability and strategic flexibility, attracting investors focused on company viability.

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SPLPFTNTZS
AUSTIN, Texas--(BUSINESS WIRE)--Upland Software, Inc. (Nasdaq: UPLD) (the “Company” or “Upland Software”), a leader in AI-powered knowledge and content management software, today announced that it has entered into an agreement with private credit direct lender Sound Point Capital to refinance its existing debt with a new $240 million, six-year term loan, extending the maturity of its debt to 2031. The new credit agreement also includes a $30 million revolving credit facility, further enhancing.

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