Teamshares Repays $150 Million Credit Facility with New Term Loan

Key Facts

1Teamshares repaid a $150 million legacy credit facility in full.

2The repayment was funded by a new $130 million term loan maturing in Q4 2030 and cash on hand.

Teamshares repaid a $150 million legacy credit facility in full, according to a statement reported by GlobeNewswire. The repayment was funded through a new $130 million term loan maturing in the fourth quarter of 2030, supplemented by the company's cash on hand.

TMS closed at $5.37 on October 16, 2026, with the stock trading between a low of $5.12 and a high of $5.9 during that session. The transaction, arranged by Sound Point Capital, is intended to improve capital access and reduce costs to support the company's SME acquisition model.