YouGov signs €280 million term and revolving credit facility

By Marisa Wong

Los Angeles, Oct. 3 – YouGov plc announced an up to €280 million term and revolving credit facility.

The credit facility comprises a €240 million amortizing term loan with a tenor of four years and a €40 million revolver with a tenor of three years, with an option to extend.

This facility replaces the company’s existing £20 million revolver and an acquisition bridge debt facility, both of which were undrawn and have been canceled.

On July 6, the company had announced its planned acquisition of the consumer panel business of GfK SE for a purchase price of €315 million. The new facility will be used to finance the consideration for the acquisition and for general corporate purposes that support the company’s long-term growth strategy.

The international online research and data analytics group is based in London.

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