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Teamshares enters $130M Sound Point term loan; repays $150M i80 legacy credit facility

Teamshares Inc announced that its indirect subsidiary Teamshares Continuity Holdings LLC entered into a new $130.0 million senior secured term loan on October 16, 2026, with Sound Point Agency LLC as administrative and collateral agent. Proceeds, together with cash on hand and released restricted cash, were used to repay in full approximately $152.8 million of outstanding obligations under the legacy i80 Group / Westmount Group delayed-draw credit facility, terminating that facility and releasing all related gua...

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