- Quotient Technology ( NYSE: QUOT ) said Tuesday it secured $105M non-dilutive debt financing .
- The financing includes a $50M senior secured asset-based revolving credit facility and a $55M senior secured term loan facility.
- The new capital structure will be used to retire maturing convertible note obligations and fund capital expenditures.
- Quotient ( QUOT ) said it has no other outstanding long-term debt.
- The new financing, which does not include any equity or equity-linked component, is non-dilutive to shareholders.
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Quotient Technology announces $105M non-dilutive debt financing