Progyny, Inc. (PGNY), a company focused on women's health and family-building solutions, said on Tuesday that it has entered into a revolving credit facility of up to $200 million until its maturity on July 1, 2030.
Pete Anevski, CEO of Progyny, said: "At this stage of our growth, entering into a facility is an appropriate next step to further enhance our strong financial profile and extend our market leadership, and with the favorable market conditions, we felt this was an opportune time for us to transact."
In addition, Progyny noted that it now expects second-quarter results to be slightly better than its earlier guidance.
Earlier, for the second, the company had projected to report adjusted income per share of $0.40 to $0.43 on revenue of $310 million to $325 million.
The company is scheduled to release its second-quarter earnings report on August 7.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.