DHI Group, Inc. Enters Into New Upsized Credit Facility

DHI Group, Inc. announced that it signed an amended and restated credit agreement increasing the size from a $90 million revolving credit facility to a $100 million revolving credit facility, with an accordion feature for an additional $50 million. The facility, previously due to expire in 2023, now has a maturity date of June 2027. The pricing structure of the new facility is materially unchanged from the existing credit facility, with a change to a SOFR-based pricing grid.  At the time of closing, DHI will have $30 million of the $100 revolver drawn.

“The amended and restated credit facility allows for additional financial flexibility to drive our growth strategy forward,” said Art Zeile, President and Chief Executive Officer of DHI. “This increase in both facility size and participating banks provides further evidence of the confidence our lenders have in DHI executing its business plan.”

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JPMorgan Chase Bank, N.A. is acting as administrative agent. Bank of America, N.A. and BMO Harris Bank N.A. are acting as co-syndication agents. TD Bank, N.A., and Citizens Bank, N.A. are acting as co-documentation agents, with JPMorgan Chase Bank, N.A.; BofA Securities, Inc.; and BMO Harris Bank N.A. as joint bookrunners and joint lead arrangers.

About DHI Group, Inc.
DHI Group, Inc. is a provider of AI-powered career marketplaces that focus on technology roles. DHI’s two brands, Dice and ClearanceJobs, enable recruiters and hiring managers to efficiently search for and connect with highly skilled technologists based on the skills requested. The Company’s patented algorithm manages over 100,000 unique technology skills. Additionally, our marketplaces allow technology professionals to find their ideal next career opportunity, with relevant advice and personalized insights.

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Forward-Looking Statements
This press release and oral statements made from time to time by our representatives contain forward-looking statements. You should not place undue reliance on those statements because they are subject to numerous uncertainties and factors relating to our operations and business environment, all of which are difficult to predict and many of which are beyond our control.

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