Secured Research | Equipment Finance Originator | Monitor | Monitor Suite | Converge | STRIPES Leadership
No Result
View All Result
ABF Journal
Forward for Specialty Finance
SUBSCRIBE
Lender & Services Directory
  • News
    • People
    • Economy
    • All News
  • Deals
  • Magazine
    • Magazine Issues
    • Nominations
  • Features
    • ABF Journal Pulse
    • Resolving MCA Distress
  • Recruiting
  • Events
  • Advertise
  • Contact Us
  • News
    • People
    • Economy
    • All News
  • Deals
  • Magazine
    • Magazine Issues
    • Nominations
  • Features
    • ABF Journal Pulse
    • Resolving MCA Distress
  • Recruiting
  • Events
  • Advertise
  • Contact Us
No Result
View All Result
ABF Journal
No Result
View All Result
Home News

Barclays, Citibank, Others Provide $155 Revolver for Keywords Studios

bynadine
August 2, 2019
in News

Keywords Studios, the Irish-headquartered but London-listed video gaming company, closed a €140 million ($155 million) revolving credit facility. The news comes as it reported a 17.3% rise in first half group revenues to €146.4 million ($163 million) from €124.8 million ($139 million) a year earlier.

Keywords, which provides a large range of services to the video games industry, said all seven of its service lines saw grew in the first six months with growth ranging from 5% to 33%.

Its functional testing and game development (formerly engineering) service lines, which are now the largest and second largest of its various businesses, recorded particularly strong revenue growth of 20 per cent and 19 percent respectively.

“We were pleased by the strong performance of the group in the first half, incorporating as it does the anticipated lower growth VMC business acquired in October 2017. Particularly steep increases in activity of some of our service lines in the first half required us to invest rapidly in expanding capacity to meet that demand. As we move into the second half, we expect to be able to leverage that investment to the benefit of margins,” said chief executive Andrew Day._x000D_

The new credit facility is being provided by Barclays Bank, Citibank, HSBC and Silicon Valley Bank for an initial €100 million ($111 million) over a three-year term, with the option to extend the facility up to €140 million and by a further two years. It replaces the existing €105 million ($117 million) facility the group has, on the same terms.

Established in 1998, Keywords now has more than 50 facilities in 21 countries and provides services including software engineering, testing and customer care services.

Previous Post

Tradewind Provides $800K Credit Facility to Honey Exporter

Next Post

O’Neill Joins Heartland Financial as Chief Risk Officer

Related Posts

B. Riley Financial Announces Private Bond Exchange to Reduce Debt by Approximately $35MM
News

Middle Market Debt Weekly: ABL Capacity Holds Firm as Fed Raises Rates, Private Credit Defaults Climb

September 21, 2026
Advanced Power Closes $100M Corporate Credit Facility
Deal Announcements

Hallador Secures Up to $675MM Debt Financing for Turtle Creek Gas

September 21, 2026
Deal Announcements

TowerNorth Secures Additional Growth Capital and Expanded Debt Facility with Berkshire Partners

September 21, 2026
Deal Announcements

Cornerstone Business Credit Funds $1MM Line of Credit to Equipment Sales & Service Company

September 21, 2026
Deal Announcements

o15 Capital Partners Exits $31MM Senior Secured Credit Facility to Simplify Compliance

September 21, 2026
Deal Announcements

Quiq Capital Amends and Upsizes Revolving Credit Facility with Dime Commercial Bancshares

September 21, 2026
Next Post

O’Neill Joins Heartland Financial as Chief Risk Officer

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Covenant Defaults and the “Bad PIK” Signal: What Lincoln International’s Senior Debt Index Is Telling Direct Lenders

Covenant Defaults and the “Bad PIK” Signal: What Lincoln International’s Senior Debt Index Is Telling Direct Lenders

August 27, 2026

Why the Right Buyer Isn’t Always the Highest Bidder

September 11, 2026

After Unitranche: How the Middle Market Capital Stack Is Being Pulled Apart from Inside

September 11, 2026

TMA Leading Edge Series with Pauline Chow – Private Capital: Finding Value Where Others Don’t

September 20, 2026

About Us

For over 50 years, RAM Holdings’ brands have led the commercial finance industry in publishing, talent development, research and events. ABF Journal’s audience is comprised of as many as 18,000 specialty finance industry executives, private equity investors, investment bankers, advisors, service providers and more.

Our Brands

  • Secured Research
  • Equipment Finance Originator
  • Monitor
  • Monitor Suite
  • Converge
  • STRIPES Leadership

 

Learn More

  • Advertise
  • Magazine
  • Contact Us

Newsletter

Driving specialty finance forward for decades with insights, recognition and deals. Sign up now.

SUBSCRIBE >>

© 2025 RAM Group Holdings - A Leading Commercial Finance Publishing Group For Over 50 Years

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
    • People
    • Economy
    • All News
  • Deals
  • Features
    • ABF Journal Pulse
    • Resolving MCA Distress
  • Magazine
    • Magazine Issues
    • Nominations
  • Events
  • Advertise
  • Contact Us
Provider Directory >>

© 2025 RAM Group Holdings - A Leading Commercial Finance Publishing Group For Over 50 Years