TDCX Announces US$188 Million Debt Repayment
December 20 2021 - 5:00AM
Business Wire
TDCX Inc. (“TDCX” or the “Company”) (NYSE: TDCX), a high-growth
digital customer experience solutions provider for innovative
technology and other blue-chip companies, today announced that it
has fully repaid the total outstanding principal amount of US$188
million and accrued and unpaid interest and premium, if any, under
its term loan credit facility entered into with Credit Suisse AG,
Singapore Branch, and completed relevant documentation.
“Following our recent successful listing, the repayment of this
outstanding debt signifies another step in further strengthening
our financial position. This provides us with a strong foundation
to continue to drive the growth of TDCX moving forward,” said Mr
Chin Tze Neng, Chief Financial Officer of TDCX.
About TDCX Inc.
TDCX Inc. is a high-growth digital customer experience solutions
provider for innovative technology and other blue-chip companies.
The Company offers omnichannel CX solutions, sales and digital
marketing services and content monitoring and moderation services.
The Company has a track record of success with clients in travel
and hospitality, digital advertising and media, fast-moving
consumer goods, technology, financial services, fintech, government
and non-governmental organizations, gaming, e-commerce and
education. TDCX has an international footprint with offices in
Singapore, the Philippines, Malaysia, Thailand, China, Japan,
Spain, India, Colombia and Romania, and services its clients’
customers globally in more than 20 languages. TDCX has won over 310
awards. For more information, please visit www.tdcx.com.
Safe Harbor Statement
This announcement contains forward-looking statements. These
statements are made under the “safe harbor” provisions of the U.S.
Private Securities Litigation Reform Act of 1995. The Company may
also make written or oral forward-looking statements in its
periodic reports to the U.S. Securities and Exchange Commission
(the “SEC”), in its annual report to shareholders, in press
releases and other written materials and in oral statements made by
its officers, directors or employees to third parties. Statements
that are not historical facts, including statements about the
Company’s beliefs and expectations, are forward-looking statements.
Forward-looking statements involve inherent risks and
uncertainties. A number of factors could cause actual results to
differ materially from those contained in any forward-looking
statement, including but not limited to the following: the
performance of TDCX’s largest clients; the successful
implementation of its business strategy; its ability to compete
effectively; its ability to maintain its pricing, control costs or
continue to grow its business; the effects of the novel coronavirus
(COVID-19) on its business; the continued service of its founder
and certain of its key employees and management; its ability to
attract and retain enough highly trained employees; its exposure to
various risks in Southeast Asia; its contractual relationship with
key clients; clients and prospective clients’ spending on
omnichannel CX solutions; its spending on employee salaries and
benefits expenses; and its involvement in any disputes, legal,
regulatory, and other proceedings arising out of its business
operations. Further information regarding these and other risks is
included in the Company’s filings with the SEC. All information
provided in this press release is as of the date of this press
release, and the Company undertakes no obligation to update any
forward-looking statement, except as required under applicable
law.
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version on businesswire.com: https://www.businesswire.com/news/home/20211220005298/en/
Investors / Analysts: Jason Lim, lim.jason@tdcx.com
Media: Eunice Seow, eunice.seow@tdcx.com
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