TaskUs secures $600Mn refinancing, declares $3.65 special dividend
TEXAS, UNITED STATES — TaskUs, a provider of outsourced digital services, announced a comprehensive refinancing and a special cash dividend for shareholders.
The company has secured commitments for a new $500 million term loan and a $100 million revolving credit facility, both maturing in 2031. It has also declared a special dividend of $3.65 per share, payable on March 25, 2026.
TaskUs refinancing strategy extends debt maturity to 2031
TaskUs has taken the initiative to manage its balance sheet by obtaining new debt facilities that defer maturities to March 2031, controlling its 2027 debt outlay.
The rate of interest on borrowings made under these facilities will be at the company’s option: Term SOFR plus 2.75% (with a 0% floor) or another base rate plus 1.75% (with a 1% floor).
The support for this refinancing stems from TaskUs’ steady free cash flow, and the refinancing is aimed at maintaining a disciplined financial profile.
After the refinancing and the special dividend payment, the company expects its net leverage ratio to be about 1.5 times Adjusted EBITDA.
The company believes this is an optimized capital structure that will enable TaskUs to proceed with strategic initiatives to remain the leader in specialized services and expedite its current artificial intelligence (AI) transformation.
TaskUs special dividend of $3.65 rewards shareholders
The Board of Directors of TaskUs has approved and announced a special cash dividend of $3.65 per share, totaling approximately $333 million.
The distribution will be funded by the proceeds of the new Credit Facilities and by the cash held by the company in the balance sheet to settle all outstanding liabilities under the current credit facilities and associated refinancing expenses.
Bryce Maddock, Co-Founder and Chief Executive Officer (CEO) of TaskUs, explained, “This refinancing will maintain our financial flexibility and disciplined leverage profile and, combined with our consistent cash flow and strong financial performance, enables us to invest aggressively in our AI transformation strategy.”
He also noted that the special dividend highlights the company’s dedication to creating and delivering value directly to its stockholders.
Maddock showed his gratitude, saying, “We appreciate the continued support and confidence of our stockholders, lenders, customers, and the entire TaskUs team.”
TaskUs ranked #19 in the OA500 2025, an objective index of the world’s top 500 outsourcing companies. The 2026 edition of the OA500 is expected to be released soon. (Read the OA500 2026 methodology paper here.)
