{"id":412447,"date":"2021-01-11T16:09:20","date_gmt":"2021-01-11T21:09:20","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=412447"},"modified":"2021-01-11T16:09:20","modified_gmt":"2021-01-11T21:09:20","slug":"docusign-bolsters-balance-sheet-with-revolving-credit-facility","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/docusign-bolsters-balance-sheet-with-revolving-credit-facility\/","title":{"rendered":"DocuSign Bolsters Balance Sheet with Revolving Credit Facility"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">SAN FRANCISCO<\/span>, <span class=\"xn-chron\">Jan. 11, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0DocuSign, Inc. (Nasdaq: DOCU) today announced the closing of a new <span class=\"xn-money\">$500 million<\/span>, five year senior secured revolving credit facility. The facility will be undrawn at closing and carries an accordion feature allowing for an additional <span class=\"xn-money\">$250 million<\/span> of capacity, subject to customary terms and conditions.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/283113\/DocuSign_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/283113\/DocuSign_Logo.jpg\" title=\"DocuSign, Inc. (PRNewsFoto\/DocuSign, Inc.)\" alt=\"DocuSign, Inc. (PRNewsFoto\/DocuSign, Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>&#8220;This transaction provides us with more flexibility on our balance sheet to deliver on our growth agenda. We are taking advantage of the favorable market environment to optimize our capital structure and strengthen our balance sheet,&#8221; remarked <span class=\"xn-person\">Cynthia Gaylor<\/span>, Chief Financial Officer of DocuSign.<\/p>\n<p>DocuSign also separately announced today the launch of a private offering of senior convertible notes.<\/p>\n<p>Investor Relations:<br \/><span class=\"xn-person\">Annie Leschin<\/span><br \/>VP Investor Relations<br \/><a target=\"_blank\" href=\"mailto:investors@docusign.com\" rel=\"nofollow noopener noreferrer\">investors@docusign.com<\/a><\/p>\n<p>Media Relations:<br \/><span class=\"xn-person\">Adrian Wainwright<\/span><br \/>Head of Communications<br \/><a target=\"_blank\" href=\"mailto:media@docusign.com\" rel=\"nofollow noopener noreferrer\">media@docusign.com<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=SF44902&amp;sd=2021-01-11\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/docusign-bolsters-balance-sheet-with-revolving-credit-facility-301205631.html\">http:\/\/www.prnewswire.com\/news-releases\/docusign-bolsters-balance-sheet-with-revolving-credit-facility-301205631.html<\/a><\/p>\n<p>SOURCE  DocuSign, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=SF44902&amp;Transmission_Id=202101111606PR_NEWS_USPR_____SF44902&amp;DateId=20210111\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire SAN FRANCISCO, Jan. 11, 2021 \/PRNewswire\/ &#8212;\u00a0DocuSign, Inc. (Nasdaq: DOCU) today announced the closing of a new $500 million, five year senior secured revolving credit facility. The facility will be undrawn at closing and carries an accordion feature allowing for an additional $250 million of capacity, subject to customary terms and conditions. &#8220;This transaction provides us with more flexibility on our balance sheet to deliver on our growth agenda. We are taking advantage of the favorable market environment to optimize our capital structure and strengthen our balance sheet,&#8221; remarked Cynthia Gaylor, Chief Financial Officer of DocuSign. DocuSign also separately announced today the launch of a private offering of senior convertible notes. Investor Relations:Annie LeschinVP Investor Relationsinvestors@docusign.com Media Relations:Adrian &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/docusign-bolsters-balance-sheet-with-revolving-credit-facility\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;DocuSign Bolsters Balance Sheet with Revolving Credit Facility&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-412447","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>DocuSign Bolsters Balance Sheet with Revolving Credit Facility - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/docusign-bolsters-balance-sheet-with-revolving-credit-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DocuSign Bolsters Balance Sheet with Revolving Credit Facility - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire SAN FRANCISCO, Jan. 11, 2021 \/PRNewswire\/ &#8212;\u00a0DocuSign, Inc. (Nasdaq: DOCU) today announced the closing of a new $500 million, five year senior secured revolving credit facility. The facility will be undrawn at closing and carries an accordion feature allowing for an additional $250 million of capacity, subject to customary terms and conditions. &#8220;This transaction provides us with more flexibility on our balance sheet to deliver on our growth agenda. We are taking advantage of the favorable market environment to optimize our capital structure and strengthen our balance sheet,&#8221; remarked Cynthia Gaylor, Chief Financial Officer of DocuSign. DocuSign also separately announced today the launch of a private offering of senior convertible notes. 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(Nasdaq: DOCU) today announced the closing of a new $500 million, five year senior secured revolving credit facility. The facility will be undrawn at closing and carries an accordion feature allowing for an additional $250 million of capacity, subject to customary terms and conditions. &#8220;This transaction provides us with more flexibility on our balance sheet to deliver on our growth agenda. We are taking advantage of the favorable market environment to optimize our capital structure and strengthen our balance sheet,&#8221; remarked Cynthia Gaylor, Chief Financial Officer of DocuSign. DocuSign also separately announced today the launch of a private offering of senior convertible notes. 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