Harte Hanks Extends Line of Credit with Texas Capital Bank
Harte Hanks (NASDAQ:HHS), a global customer experience company, has announced the extension of its secured revolving line of credit with Texas Capital Bank. The credit facility has been extended for an additional three years beyond its original June 30, 2025 maturity date, now set to mature in June 2028.
The amended agreement maintains the $25 million credit line and includes an accordion feature allowing Harte Hanks to potentially increase commitments by up to $10 million, subject to lender approval. The expanded facility will support working capital needs, innovation acceleration, and strategic growth initiatives across the company's business segments.
Harte Hanks (NASDAQ:HHS), un'azienda globale specializzata nell'esperienza cliente, ha annunciato l'estensione della sua linea di credito revolving garantita con Texas Capital Bank. La facilit脿 di credito 猫 stata prorogata di ulteriori tre anni oltre la data di scadenza originale del 30 giugno 2025, fissando ora la scadenza a giugno 2028.
Il contratto modificato mantiene la linea di credito da 25 milioni di dollari e include una clausola accordion che consente a Harte Hanks di aumentare potenzialmente gli impegni fino a 10 milioni di dollari, previa approvazione del finanziatore. La linea di credito ampliata supporter脿 le necessit脿 di capitale circolante, l'accelerazione dell'innovazione e le iniziative di crescita strategica nei diversi segmenti aziendali della societ脿.
Harte Hanks (NASDAQ:HHS), una empresa global de experiencia del cliente, ha anunciado la extensi贸n de su l铆nea de cr茅dito revolvente garantizada con Texas Capital Bank. La facilidad crediticia se ha ampliado por tres a帽os adicionales m谩s all谩 de su fecha original de vencimiento del 30 de junio de 2025, estableci茅ndose ahora para vencer en junio de 2028.
El acuerdo enmendado mantiene la l铆nea de cr茅dito de 25 millones de d贸lares e incluye una cl谩usula accordion que permite a Harte Hanks aumentar potencialmente los compromisos hasta en 10 millones de d贸lares, sujeto a la aprobaci贸n del prestamista. La facilidad ampliada apoyar谩 las necesidades de capital de trabajo, la aceleraci贸n de la innovaci贸n y las iniciativas estrat茅gicas de crecimiento en los segmentos de negocio de la compa帽铆a.
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Harte Hanks (NASDAQ:HHS), une entreprise mondiale sp茅cialis茅e dans l'exp茅rience client, a annonc茅 la prolongation de sa ligne de cr茅dit renouvelable garantie avec Texas Capital Bank. Cette facilit茅 de cr茅dit a 茅t茅 茅tendue de trois ann茅es suppl茅mentaires au-del脿 de sa date d'茅ch茅ance initiale du 30 juin 2025, la nouvelle 茅ch茅ance 茅tant fix茅e 脿 juin 2028.
L'accord modifi茅 maintient la ligne de cr茅dit de 25 millions de dollars et inclut une option d'extension permettant 脿 Harte Hanks d'augmenter potentiellement ses engagements jusqu'脿 10 millions de dollars, sous r茅serve de l'approbation du pr锚teur. Cette facilit茅 茅largie soutiendra les besoins en fonds de roulement, l'acc茅l茅ration de l'innovation et les initiatives de croissance strat茅gique dans les diff茅rentes divisions de l'entreprise.
Harte Hanks (NASDAQ:HHS), ein globales Unternehmen f眉r Kundenerlebnisse, hat die Verl盲ngerung seiner gesicherten revolvierenden Kreditlinie mit der Texas Capital Bank bekannt gegeben. Die Kreditfazilit盲t wurde um weitere drei Jahre 眉ber das urspr眉ngliche F盲lligkeitsdatum am 30. Juni 2025 hinaus verl盲ngert und l盲uft nun bis Juni 2028.
Die ge盲nderte Vereinbarung beh盲lt die 25-Millionen-Dollar-Kreditlinie bei und enth盲lt eine Accordion-Klausel, die Harte Hanks erm枚glicht, die Verpflichtungen mit Zustimmung des Kreditgebers um bis zu 10 Millionen Dollar zu erh枚hen. Die erweiterte Fazilit盲t unterst眉tzt den Betriebskapitalbedarf, die Beschleunigung von Innovationen und strategische Wachstumsinitiativen in den Gesch盲ftsbereichen des Unternehmens.
- Extended credit facility maturity by three years to June 2028
- Maintained $25 million revolving credit line capacity
- Added accordion feature allowing potential $10 million increase in commitments
- Strengthened financial flexibility for working capital and growth initiatives
- None.
Extends Lending Relationship and Expands Credit Facility Borrowing Capacity with Texas Capital Bank
CHELMSFORD, MASSACHUSETTS / / June 30, 2025 / Harte Hanks, Inc. (NASDAQ:HHS), a leading global customer experience company, today announced it has extended its
The Second Amendment also includes an accordion feature that allows Harte Hanks to seek up to a
The expanded credit facility will be used to fund working capital, accelerate innovation, and support strategic growth initiatives across the Company's business segments.
"Extending and expanding our credit facility is a significant milestone for Harte Hanks," said David Fisher, President. "We value Texas Capital Bank's continued partnership and confidence in our on-going and ever evolving business strategy. With greater capacity and an extended term, we are well-positioned to execute our growth initiatives, drive innovation, and deliver sustained value to our clients and shareholders."
About Harte Hanks:
(NASDAQ: ) is a leading global customer experience company whose mission is to partner with clients to provide them with CX strategy, data-driven analytics and actionable insights combined with seamless program execution to better understand, attract and engage their customers.
Using its unparalleled resources and award-winning talent in the areas of Customer Care, Fulfillment and Logistics, and Marketing Services, Harte Hanks has a proven track record of driving results for some of the world's premier brands, including GlaxoSmithKline, Unilever, Pfizer, Max, Volvo, Ford, FedEx, Midea, and IBM among others. Headquartered in Chelmsford, Massachusetts, Harte Hanks has over 2,000 employees in offices across the Americas, Europe, and Asia Pacific.
For more information, visit
As used herein, "Harte Hanks" or "the Company" refers to Harte Hanks, Inc. and/or its applicable operating subsidiaries, as the context may require. Harte Hanks' logo and name are trademarks of Harte Hanks, Inc.
Cautionary Note Regarding Forward-Looking Statements:
Our press release may contain "forward-looking statements" within the meaning of U.S. federal securities laws. All such statements are qualified by this cautionary note, provided pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements other than historical facts are forward-looking and may be identified by words such as "may," "will," "expects," "believes," "anticipates," "plans," "estimates," "seeks," "could," "intends," or words of similar meaning. These forward-looking statements are based on current information, expectations and estimates and involve risks, uncertainties, assumptions and other factors that are difficult to predict and that could cause actual results to vary materially from what is expressed in or indicated by the forward-looking statements. In that event, our business, financial condition, results of operations or liquidity could be materially adversely affected and investors in our securities could lose part or all of their investments. These risks, uncertainties, assumptions and other factors include: (a) local, national and international economic and business conditions, including (i) market conditions that may adversely impact marketing expenditures, (ii) the impact of economic environments and competitive pressures on the financial condition, marketing expenditures and activities of our clients and prospects; (iii) the demand for our products and services by clients and prospective clients, including the willingness of existing clients to maintain or increase their spending on products and services that are or remain profitable for us, and (iv) our ability to predict changes in client needs and preferences; (b) economic and other business factors that impact the industry verticals we serve, including competition, inflation and consolidation of current and prospective clients, vendors and partners in these verticals; (c) our ability to manage and timely adjust our facilities, capacity, workforce and cost structure to effectively serve our clients; (d) our ability to improve our processes and to provide new products and services in a timely and cost-effective manner though development, license, partnership or acquisition; (e) our ability to protect our facilities against security breaches and other interruptions and to protect sensitive personal information of our clients and their customers; (f) our ability to respond to increasing concern, regulation and legal action over consumer privacy issues, including changing requirements for collection, processing and use of information; (g) the impact of privacy and other regulations, including restrictions on unsolicited marketing communications and other consumer protection laws; (h) fluctuations in fuel prices, paper prices, postal rates and postal delivery schedules; (i) the number of shares, if any, that we may repurchase in connection with our repurchase program; (j) unanticipated developments regarding litigation or other contingent liabilities; (k) our ability to complete reorganizations, including cost-saving initiatives; and (l) other factors discussed from time to time in our filings with the Securities and Exchange Commission, including under "Item 1A. Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2024 which was filed on March 17, 2025. The forward-looking statements in this press release, if any, are made only as of the date hereof, and we undertake no obligation to update publicly any forward-looking statement, even if new information becomes available or other events occur in the future.
Investor Relations Contact:
David Garrison
[email protected]
SOURCE: Harte Hanks, Inc.
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