India, June 3 -- Udemy (UDMY), an AI-powered skills development platform with nearly 80 million users worldwide, has finalized a $200 million senior secured revolving credit facility.
Set to mature on May 30, 2030, the facility aims to enhance Udemy's financial flexibility in support of its long-term growth strategy. As of closing, the facility remains undrawn, with the company maintaining a strong liquidity position-holding over $350 million in cash, equivalents, and marketable securities as of March 31, 2025, and no outstanding debt.
CEO Hugo Sarrazin stated that the new facility strengthens Udemy's ability to invest in high-return initiatives and accelerate AI innovation across both enterprise and consumer offerings. With more than $55...