Squarespace Reprices Loan to One of Lowest Private Debt Spreads
PositiveFinancial Markets

Squarespace has successfully repriced a $2.65 billion loan, achieving one of the lowest private debt spreads in the market. This move, facilitated by a group of private credit lenders including Blackstone Inc., highlights the growing confidence in Squarespace's financial stability and its backing by private equity. Such favorable terms not only reflect positively on Squarespace's prospects but also signal a robust environment for private lending, which could encourage further investments in the tech sector.
— Curated by the World Pulse Now AI Editorial System