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Corporate Travel Management secures A$175M in new debt facilities from PEP Credit to enhance liquidity amid accounting reviews.
PRIVATEAug 26, 2026•about 4 hours ago
Amount Raised
$175 Million
Round Type
Venture - Series Unknown
TravelTravel Agency
Investors
Pep Credit
Description
Corporate Travel Management has secured A$175 million in new debt facilities from PEP Credit, replacing an existing facility. This post-IPO debt financing supports liquidity and covers ongoing obligations. The company is moving towards the completion of its financial reporting while addressing historical accounting matters. Managing director Ana Pedersen emphasized the necessity of this arrangement to boost financial certainty.
Company Information
Company
Corporate Travel Management
About
Corporate Travel Management (CTM) is a global leader in innovative and cost-effective travel management solutions. They provide comprehensive services to cater to the diverse needs of businesses. CTM is dedicated to enhancing customer experiences through advanced technology and tailored travel solutions. With a focus on customer success, they streamline travel processes for organizations.
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