MediaMath Announces New $175m Credit Facility

MediaMath Announces New $175m Credit Facility

Independent programmatic marketing company MediaMath has announced a new $175 million senior secured credit facility led by Goldman Sachs in partnership with Santander Bank.

MediaMath will use this new line of credit to refinance existing debt facilities and fund its ongoing growth objectives.

Akin Bay Company LLC, a New-York based investment bank, acted as the sole placement agent and debt adviser to MediaMath for the financing.

Joe Zawadzki, chairman and CEO of MediaMath, said: “We’re thrilled to work with Goldman Sachs and Santander, who are equally ambitious to support the growing scale of our business today, and motivated to support the needs of a reimagined and increasingly sophisticated supply chain in the future.”

The announcement comes after MediaMath recently opened up offices in South Korea, as well as appointing Yun Yip to head up operations in Australia and New Zealand.




Please login with linkedin to comment

AGE Isobar Goldman Sachs Santander Bank

Latest News

The Mars Agency Announces Latest Findings Of Retail Media Report Card
  • Advertising

The Mars Agency Announces Latest Findings Of Retail Media Report Card

The Mars Agency has developed a scorecard that assesses the capabilities of leading platforms across key criteria required to optimally plan, execute, and measure effective retail media programs. The scorecard aims To help brands efficiently evaluate their spending options across retail media networks in Australia (and New Zealand). With spending on retail media advertising in […]

TV Ratings (27/03/2024): Jungle Members At War Over Concealed Lipstick
  • TV Ratings

TV Ratings (27/03/2024): Jungle Members At War Over Concealed Lipstick

A heated argument between two jungle members did the numbers for Ten last night, with I’m A Celeb obtaining a total national reach of 1,282,000. Fans were delighted as Candice Warner and influencer Skye Wheatley got into it over a stick of lipstick, leading Warner to dub the Instagram star “selfish.” Wheatley, best known for […]