CoStar Group, Inc.
CoStar Group, Inc. Enters into New Credit Agreement
Summary
On May 24, 2024, CoStar Group, Inc. entered into a new Credit Agreement that replaces its existing credit agreement. The new agreement provides for revolving loans of up to $1.1 billion and is scheduled to mature five years after the closing date. The new agreement includes customary covenants and events of default. The full text of the agreement is provided as Exhibit 10.1 to this filing.
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Exhibits (1)
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About CoStar Group, Inc.
CoStar Group, Inc. is a leading provider of information, analytics, and marketing services for the commercial real estate industry. The company's primary function is to offer comprehensive data solutions that professionals rely on to evaluate, buy, sell, finance, and invest in commercial properties. CoStar Group impacts sectors including real estate investment, property management, and urban planning through its databases and analytics tools. Its extensive suite of products, such as CoStar, LoopNet, and Apartments.com, delivers detailed property listings, market analysis, and a vast network for connecting buyers, sellers, and renters. Founded in 1987 and based in Washington, D.C., CoStar Group plays a crucial role in enhancing the transparency and efficiency of the real estate marketplace, serving a diverse clientele from brokers and appraisers to government agencies and developers.
Official SEC Documents
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