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Xero hits debt financing milestone

Xero says it hasn’t changed its strategy with $US70 million Hubdoc buy.

Jenny Ruth
Fri, 03 Aug 2018

Xero will use debt finance for the first time to pay the cash component of the up to $US70 million Hubdoc purchase.

The accounting software company says while it has had an undrawn debt facility since last year, this is "our first use of debt funding for an acquisition". 

That follows

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Jenny Ruth
Fri, 03 Aug 2018
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Xero hits debt financing milestone
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