Magnite Successfully Completes Second Term Loan Repricing

Reduces Interest Rate by an Additional 75 Basis Points

Over $2.7 Million in Yearly Interest Payment Savings

NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the world's largest independent sell-side advertising company, today announced the second successful repricing of its $363 million senior secured term loan facility (Term Loan) due February 2031.

The repricing reduces the interest rate by 75 basis points to Term SOFR ...