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Harte Hanks Secures A New $25 Million Revolving Line Of Credit With Texas Capital Bank

Dec 21, 2021over 3 years ago

Amount Raised

$25 Million

Chelmsford

Description

Harte Hanks, Inc. (HHS) (the "Company"), a leading global customer experience company, today announced that the company has obtained a new $25 million secured revolving line of credit with Texas Capital Bank. This new loan agreement will enhance the Company's strategic position and increase its financial flexibility.

Company Information

Company

Harte Hanks

Location

Chelmsford, England, United Kingdom

About

CHELMSFORD, Mass., Dec. 21, 2021 /PRNewswire/ -- Harte Hanks, Inc. (HHS) (the "Company"), a leading global customer experience company, today announced that the company has obtained a new $25 million secured revolving line of credit with Texas Capital Bank. Using its unparalleled resources and award-winning talent in the areas of Customer Care, Fulfillment and Logistics, and Marketing Services, Harte Hanks has a proven track record of driving results for some of the world's premier brands including Bank of America, GlaxoSmithKline, Unilever, Pfizer, HBOMax, Volvo, Ford, FedEx, Midea, Sony and IBM among others. Headquartered in Austin, Texas, Harte Hanks has over 2,500 employees in offices across the Americas, Europe and Asia Pacific. The new facility eliminated the need for a third-party guarantee which demonstrates the success the Company has had in executing on its turnaround plan." About Harte Hanks:Harte Hanks (HHS) is a leading global customer experience company whose mission is to partner with clients to provide them with CX strategy, data-driven analytics and actionable insights combined with seamless program execution to better understand, attract, and engage their customers.

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