Adeia successfully completes debt repricing

Reduces annual interest expense by approximately $3.4 million reduces excess cash flow payment thresholds and increases financial flexibility san jose, calif., may 20, 2024 (globe newswire) -- adeia inc. (nasdaq: adea), the company whose patented innovations enhance billions of devices and shape the way the world explores and experiences entertainment, today announced the successful repricing of its term loan b, thereby reducing its future interest expense and increasing financial flexibility.
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