Nielsen Finance, a wholly-owned subsidiary of Nielsen Holdings, entered into an amendment to its existing credit agreement with a group of banks led by Citibank serving as administrative agent.

Among other things, the amended credit agreement provides for a new class of term loans (Class B-4) in an aggregate principal amount of $2.25 billion, the proceeds of which were used to replace or refinance the entire outstanding principal of existing Class B-3 term loans and a portion of existing Class A term loans.

The Class B-4 term loans will mature in full on October 4, 2023, and are required to be repaid in equal quarterly installments in an aggregate annual amount equal to 1.00% of the original principal amount of the Class B-4 term loans, with the balance payable on October 4, 2023.

The Class B-4 term loans bear interest equal to, at the election of Nielsen Finance, a base rate or LIBOR rate, plus an applicable margin, which is equal to 2.00% (in the case of LIBOR loans) or 1.00% (in the case of base rate loans).