JPMorgan Chase Provides Financing to Support Intuit’s Acquisition of Mailchimp
Intuit acquired Mailchimp for approximately $5.7 billion in cash as well as stock considerations. Intuit partially funded the cash consideration through a $4.7 billion term loan under a new credit agreement. According to an 8K, JPMorgan Chase served as administrative agent for the agreement.
November 2, 2021 Alex Chriss | Bank of Nova Scotia | Ben Chestnut | BofA Securities | Intuit | JPMorgan Chase | King & Spalding | Latham & Watkins | Mailchimp | Morgan Stanley | Qatalyst Partners | Sasan Goodarzi Ian Koplin