Ancestry.com entered into a new credit agreement with Morgan Stanley Senior Funding as administrative agent, which provides new credit facilities, consisting of a $735 million term loan facility and an $80 million revolving credit facility. The company, Ancestry US Holdings and certain subsidiaries of the company, Ancestry US Holdings and the Borrower guarantee the new credit facilities.

A portion of the proceeds of the term loan facility under the new credit facilities was used to repay the borrower’s existing credit facilities in full and pay fees and expenses related to the refinancing, and the balance of such proceeds, together with cash on the balance sheet, will be used to pay a cash dividend to the company’s shareholders and for general corporate purposes.