Palo Alto, Calif. – SurveyMonkey, a provider of Web-based
survey tools, announced on Wednesday that it has secured $100 million in debt
financing.
The financing was led by Bank of American Merrill Lynch and SunTrust
Robinson Humphrey.
Palo Alto, Calif.-based SurveyMonkey said the financing
will be used to retire existing debt, and will lower its overall cost of
capital while giving it flexibility for future acquisitions.
The company
handles over 25 million online survey responses per month.
Related Links:
http://tinyurl.com/22oj4nb
