Peloton completes $1.35 bln holistic refinancing that reduced overall debt, extended debt maturities, and achieved more flexible loan terms
- Co syndicated and closed a new $1 billion five-year term loan facility with a broad investor base.
- Co raised $350 million from new and existing investors through an upsized private offering of convertible senior notes due in 2029.
- Co secured a new $100 million five-year revolving credit facility with JP Morgan and Goldman Sachs.