New loans, notes, and credit facilities disclosed under 8-K Items 2.03/2.04.
Summit Healthcare REIT, Inc reported a default on mortgage of $91.0 million with CIBC Bank, USA.
“REIT, Inc. (“Summit”) formed Summit Georgia Holdings LLC (“Summit Georgia”) and acquired the underlying eight properties located in Georgia (the “GA8 Properties”), subject to a $91.0 million non-recourse first priority mortgage loan with CIBC Bank, USA, (“CIBC”) collateralized by those properties, a $20.0 million non-recourse subordinated term loan with Oxford”
Summit Healthcare REIT, Inc reported a default on term loan of $20.0 million with Oxford Financing LLC.
“in Georgia (the “GA8 Properties”), subject to a $91.0 million non-recourse first priority mortgage loan with CIBC Bank, USA, (“CIBC”) collateralized by those properties, a $20.0 million non-recourse subordinated term loan with Oxford Financing LLC (“Oxford”) collateralized by those properties and a $12.75 million mezzanine loan with Oxford secured by the equity”
Summit Healthcare REIT, Inc reported a default on loan of $12.75 million with Oxford Financing LLC.
“(“CIBC”) collateralized by those properties, a $20.0 million non-recourse subordinated term loan with Oxford Financing LLC (“Oxford”) collateralized by those properties and a $12.75 million mezzanine loan with Oxford secured by the equity interests of Summit Georgia. As previously disclosed, we have been out of compliance with respect to our debt covenants for our”
PAR PACIFIC HOLDINGS, INC. amended credit facility with Wells Fargo Bank, National Association at base rate plus 2.75% and 3.75%, respectively.
“The Amendment provided for, among other things, (i) a reduction in the Applicable Margin under the Term Loan Agreement by 50 basis points, such that base rate loans and SOFR loans will bear interest at the applicable base rate plus 2.75% and 3.75%, respectively and (ii) the elimination of the Term SOFR Adjustment of 10 basis points with respect to loans under the Term Loan Agreement.”
COMSTOCK RESOURCES INC incurred senior notes of $400.0 million with Equiniti Trust Company, LLC at 6.75% maturing March 1, 2029.
“On April 9, 2024, Comstock Resources, Inc. (the "Company") issued $400.0 million aggregate principal amount of its 6.75% senior notes due 2029 (the "Notes") in a private placement offering pursuant to an Indenture, dated as of April 9, 2024 (the "Indenture"), by and among the Company, certain subsidiaries of the Company named therein and Equiniti Trust Company, LLC, as trustee.”
RenX Enterprises Corp. incurred loan of $1,000,000 at 17.00% maturing April 1, 2025.
“pursuant to a loan agreement dated April 3, 2024 (the “2nd Lien Loan Agreement”), LV Holding issued a promissory note, in the principal amount of $1,000,000 (the “2 nd Lien Note”), secured by a revised Deed of Trust and Security Agreement, dated April 3, 2024 (the “Revised Deed of Trust”) on the Company’s Lake Travis project site in Lago Vista, Texas, a Modification to Real Estate Mortgage, dated April 3, 2024 (“Mortgage Modification”), to the mortgage, dated March 30, 2023, on the Company’s McLean site in Durant, Oklahoma,”
RenX Enterprises Corp. amended loan of $5,000,000 with LV Peninsula Holding, LLC at 17.00% maturing April 1, 2025.
“On April 3, 2024, LV Peninsula Holding, LLC (“LV Holding”), a Texas limited liability company and wholly owned affiliate of Safe and Green Development Corporation (the “Company”), entered into a Modification and Extension Agreement, effective as of April 1, 2024 (the “Extension Agreement”), to extend to April 1, 2025 the maturity date of the promissory note, in the principal amount of $5,000,000 (the “LV Note”), issued by LV Holding pursuant to a Loan Agreement, dated March 30, 2023.”
ESAB Corp incurred senior notes of $700 million with U.S. Bank Trust Company, National Association at 6.25% maturing April 15, 2029.
“On April 9, 2024, ESAB Corporation, a Delaware corporation (the “Company”), issued $700 million in aggregate principal amount of 6.25% senior notes due 2029 (the “Notes”).”
Blue Owl Technology Income Corp. amended revolving credit with Citibank, N.A. as administrative agent at CDOR to Daily Compounded CORRA plus an adjustment of 0.2846%.
“The First Credit Facility Amendment amends the Secured Credit Facility to change the benchmark for amounts drawn in Canadian dollars from CDOR to Daily Compounded CORRA plus an adjustment of 0.2846%.”
Leslie's, Inc. amended revolving credit of not specified with Bank of America, N.A. at revised the applicable margin on Term SOFR and base rate loans maturing extend the maturity date for the Revolving Credit Facility to April 3, 2029.
“Amendment No. 7 amended the Credit Agreement to, among other things, in respect of the revolving credit facility thereunder (the “Revolving Credit Facility”), (a) extend the maturity date for the Revolving Credit Facility to April 3, 2029 and, (b) revise the applicable margin on Term SOFR and base rate loans.”
Vistra Corp. incurred guarantee with MUFG Bank, Ltd..
“Repurchase Facility Joinder In connection with the existing repurchase facility, on April 8, 2024, Energy Harbor, together with TXU Retail, as seller party agent, Vistra Operations, as guarantor, and MUFG Bank, Ltd. (“MUFG”), as buyer, entered into a Joinder Agreement (the “Joinder Agreement”), whereby Energy Harbor (i) became party to that certain Master Framework Agreement, dated as of October 9, 2020 (as amended, supplemented or otherwise modified from time to time, the “Framework Agreement”), by and among TXU Retail, Dynegy, Dynegy East, Ambit, Trieagle, Value Brands and MUFG and (ii) granted MUFG a security interest in the Subordinated Note to secure its obligations under the Framework Agreement.”
Vistra Corp. amended credit facility of increased from $750 million to $1,000 million with Credit Agricole Corporate and Investment Bank.
“of August 21, 2018 (as amended, supplemented or otherwise modified from time to time, the “RPA”) among TXU Receivables, as seller, TXU Retail, as servicer, Vistra Operations, as performance guarantor, certain purchaser agents and purchasers named therein and Credit Agricole Corporate and Investment Bank (“Credit Agricole”), as administrator.”
STRYVE FOODS, INC. incurred senior notes of $1.6 million in principal amount with select accredited investors at 12% maturing December 31, 2024.
“issued an aggregate of $1.6 million in principal amount of unsecured promissory notes (the “Notes”) to select accredited investors”
Cushman & Wakefield Ltd. amended term loan of $1.0 billion of outstanding Term Loan with JPMorgan Chase Bank, N.A., as administrative agent at Term SOFR plus 3.75%.
“The Amendment repriced the Borrower’s Term Loan issued in August 2023 and due January 2030, reducing the applicable interest on the approximately $1.0 billion of outstanding Term Loan by 25 basis points from Term SOFR plus 4.00% to Term SOFR plus 3.75%.”
Eagle Bulk Shipping Inc. amended convertible notes with Deutsche Bank Trust Company Americas.
“Supplemental Indenture for Convertible Notes In connection with the consummation of the Merger, Eagle, Star Bulk and Deutsche Bank Trust Company Americas, as trustee (the “ Trustee ”), entered into a First Supplemental Indenture, dated as of April 9, 2024 (the “ Supplemental Indenture ”), which amends and supplements the Indenture, dated as of July 29, 2019, by and between Eagle and the Trustee (the “ Base Indenture ” and as amended by the Supplemental Indenture, the “ Indenture ”), governing Eagle’s 5.00% Convertible Senior Notes due 2024 (the “ Notes ”).”
UNIVERSAL LOGISTICS HOLDINGS, INC. amended credit facility with KeyBank National Association.
“On April 5, 2024, Universal Management Services, Inc. (“Universal Management”), a subsidiary of Universal Logistics Holdings, Inc. (“Universal”) and certain of our borrowing subsidiaries entered into an amendment to their credit agreement with KeyBank National Association, KeyBanc Capital Markets, Inc., The Huntington Bank, U.S. Bank National Association, and a syndicate of lenders.”
Ultra Clean Holdings, Inc. amended credit facility with Barclays Bank PLC, HSBC Securities (USA) Inc., Sumitomo Mitsui Banking Corporation at reduce the interest rate applicable to the term loan facility under the Credit A maturing extend the final maturity date of the term loan and revolving credit facilities under the Credit Agreement by 30 months.
“extend the final maturity date of the term loan and revolving credit facilities under the Credit Agreement by 30 months and (ii) reduce the interest rate applicable to the term loan facility under the Credit Agreement by 0.25% per annum.”
WINDTREE THERAPEUTICS INC /DE/ incurred senior notes of $1.5 million with the buyers named therein at 10.0% per annum maturing January 2, 2025.
“the Company agreed to sell senior convertible notes in an aggregate principal amount of $1.5 million”
CHART INDUSTRIES INC amended revolving credit of $1 billion to $1.25 billion with JPMorgan Chase Bank, N.A., as Administrative Agent maturing October 18, 2026, to April 6, 2029.
“increases the total available revolving credit commitment from $1 billion to $1.25 billion and extends the maturity date of the revolving credit facility from October 18, 2026, to April 6, 2029”
KKR Infrastructure Conglomerate LLC incurred revolving credit of up to $150 million with Mizuho Bank, Ltd. at reference rate plus a spread of 2.25% or daily or term SOFR plus a spread of 3.2 maturing April 2, 2027.
“On April 3, 2024 (the “Effective Date”), certain indirect subsidiaries (collectively, the “Borrowers”) of KKR Infrastructure Conglomerate LLC (the “Company”) entered into a revolving credit agreement (the “Agreement”) with Mizuho Bank, Ltd., as joint lead arranger, administrative agent, and collateral agent, KKR Capital Markets LLC, an indirect subsidiary of KKR & Co. Inc. and affiliate of the Company, as joint lead arranger, and the lenders party thereto. Under the Agreement, the lenders have agreed to make credit available to the Borrowers in an aggregate initial principal amount of up to $150 million as of the Effective Date, with an uncommitted accordion feature that would allow the Borrowers to increase the commitment to up to $1.0 billion in the aggregate.”
Aquaron Acquisition Corp. incurred convertible notes of $70,000 with Bestpath IoT Technology Ltd. at does not bear interest maturing upon closing of a business combination by the Company.
“On April 8, 2024, Aquaron Acquisition Corp. (the “ Company ”) issued an unsecured promissory note in the aggregate principal amount of $70,000 (the “ Note ”) to Bestpath IoT Technology Ltd. (“ Bestpath ”) in exchange for Bestpath depositing such amount into the Company’s trust account in order to extend the amount of time it has available to complete a business combination. The Note does not bear interest and mature upon closing of a business combination by the Company. In addition, the Note may be converted by the holder into shares of common stock of the Company identical to the common stock issued in the Company’s initial public offering at a price of $10.00 per unit (each unit is consisted of one share of common stock and one right to receive one-fifth (1/5) of a share of common stock).”
Cartica Acquisition Corp amended loan of increase the principal sum from $750,000 to $1,250,000 with Cartica Acquisition Partners, LLC at bears no interest maturing repayable in full upon the earlier of (a) the date of the consummation of the Company’s initial business combination and (b) the date of the Company’s liquidati.
“On April 4, 2024 the Working Capital Note was further amended to increase the principal sum from $750,000 to $1,250,000 (the “Second Amendment”).”
Cartica Acquisition Corp incurred loan of up to $360,000 with Cartica Acquisition Partners, LLC at bears no interest maturing payable in full upon the earlier of (i) the date of the consummation of the Company’s initial business combination, and (ii) the date of the liquidation of the.
“On April 4, 2024, Cartica Acquisition Corp , a special purpose acquisition company incorporated as a Cayman Islands exempted company (the “Company”), issued a promissory note (the “Extension Note”) to Cartica Acquisition Partners, LLC (the “Sponsor”), a Delaware limited liability company, the Company’s sponsor, pursuant to which the Sponsor agreed to loan the Company up to $360,000 in connection with the extension of the Company’s termination date from April 7, 2024 to January 7, 2024 (the “Extension”).”
Fortune Rise Acquisition Corp incurred loan of $100,000 with Water On Demand, Inc. at non-interest bearing maturing the earlier of (i) consummation of the Company’s initial business combination and (ii) the date of the liquidation of the Company.
“ompany issued an unsecured promissory note (the “ Note ”) to Water On Demand, Inc., a Nevada corporation and the entity which controls the Company’s sponsor.”
View, Inc. incurred credit facility of up to $17,500,000 with Cantor Fitzgerald Securities at (i) SOFR + 7.50% per annum if paid in cash, or (ii) SOFR + 14.00% if paid-in-kin maturing 90 days after the Petition Date.
“the DIP Lenders have agreed to provide a priming, senior secured, superpriority debtor-in-possession delayed draw term loan facility in an aggregate principal amount equal to up to $17,500,000”
Kinetik Holdings Inc. incurred debt of up to $150 million with PNC Bank, National Association maturing April 1, 2025.
“On April 2, 2024 (the “ Closing Date ”), Kinetik Holdings LP, a Delaware limited partnership (“ Kinetik LP ”), which is a subsidiary of Kinetik Holdings Inc., a Delaware corporation (the “ Company ”), entered into an accounts receivable securitization facility in the aggregate principal amount of up to $150 million”
NCL CORP Ltd. incurred credit facility of up to (i) €724,000,000 (or its Dollar equivalent) for Vessel 1 and Vessel 2 and (ii) €652,800,000 (or its Dollar equival with Crédit Agricole Corporate and Investment Bank at six-month Term SOFR with a zero floor plus a margin of 2.10% per annum maturing the twelfth anniversary of the delivery date of the relevant Ship.
“acilities”) with Crédit Agricole Corporate and Investment Bank, as facility agent, ECA agent and security agent, and certain”
AMPHENOL CORP /DE/ incurred senior notes of $600,000,000 aggregate principal amount at 5.250% per year maturing April 5, 2034.
“$600,000,000 aggregate principal amount of the Company’s 5.250% Senior Notes due 2034”
AMPHENOL CORP /DE/ incurred senior notes of $450,000,000 aggregate principal amount at 5.050% per year maturing April 5, 2029.
“$450,000,000 aggregate principal amount of the Company’s 5.050% Senior Notes due 2029”
AMPHENOL CORP /DE/ incurred senior notes of $450,000,000 aggregate principal amount at 5.050% per year maturing April 5, 2027.
“issued and sold $450,000,000 aggregate principal amount of the Company’s 5.050% Senior Notes due 2027”
FIRST MID BANCSHARES, INC. amended revolving credit of $15 million with The Northern Trust Company maturing maturity date … from April 5, 2024 to April 4, 2025.
“the Company and The Northern Trust Company extended the maturity date of the Company’s $15 million revolving loan from April 5, 2024 to April 4, 2025”
La Rosa Holdings Corp. incurred senior notes of $1,316,000 with institutional accredited investor at 13% per annum maturing April 1, 2025.
“the Company issued the Investor a 13% OID senior secured promissory note with the face amount of $1,316,000”
Bolt Projects Holdings, Inc. incurred loan of up to $510,000 with Golden Arrow Sponsor, LLC at bears no interest maturing the date of the consummation of the Company's initial business combination.
“On April 3, 2024, Golden Arrow Merger Corp. (the “Company”) issued an unsecured promissory note (the “Note”), in the amount of up to $510,000 to Golden Arrow Sponsor, LLC (the “Sponsor”).”
Lodging Fund REIT III, Inc. incurred loan of $4,896,801 with Legendary A-1 Bonds, LLC at 14.5% per annum maturing March 27, 2026.
“On March 27, 2024, pursuant to the Loan Agreement dated as of March 27, 2024, the Operating Partnership entered into a new loan in an amount up to $4,896,801 (the “New A-1 Lakewood Loan”) with the A-1 Lender, an affiliate of the Company’s Advisor.”
Lodging Fund REIT III, Inc. incurred loan of $12.0 million with Bluebird Credit EM LLC at SOFR Index plus 7.0% (increasing to 7.5% during the extension of the loan), with maturing October 5, 2025.
“On March 27, 2024, pursuant to the Loan Agreement dated as of March 27, 2024 (the “New Lakewood Loan Agreement”), the Borrower entered into a new $12.0 million loan with Bluebird Credit EM LLC (the “New Lakewood Lender”), which is secured by the 142-room Fairfield Inn and Suites in Lakewood, Colorado (the “New Lakewood Loan”).”
Lodging Fund REIT III, Inc. amended revolving credit of $15.5 million with Legendary A-1 Bonds, LLC at 14.5% per annum maturing December 31, 2024.
“On March 27, 2024, the Operating Partnership and the A-1 Lender entered into a Fourth Amendment to the Revolving Line of Credit Loan Agreement (the “Fourth Amendment”) in connection with the A-1 Line of Credit. The Fourth Amendment extended the maturity date of the A-1 Line of Credit to December 31, 2024 and increased the A-1 Line of Credit to $15.5 million.”
Avantor, Inc. incurred term loan of $772,396,875.00 with Goldman Sachs Bank USA at SOFR plus a spread of 2.00% per annum maturing November 6, 2027.
“the Borrower obtained a $772,396,875.00 tranche of senior secured U.S. dollar term loans (the “Incremental B-6 Dollar Term Loans”).”
SiriusPoint Ltd incurred senior notes of $400 million aggregate principal amount with The Bank of New York Mellon at 7.000% maturing 2029.
“On April 5, 2024, SiriusPoint Ltd. (the " Company ") issued $400 million aggregate principal amount of its 7.000% Senior Notes due 2029 (the " New Notes "). The New Notes were issued pursuant to a Senior Indenture, dated as of April 5, 2024, between the Company and The Bank of New York Mellon, as trustee”
JBT MAREL Corp incurred credit facility.
“On April 4, 2024, JBT entered into the Bridge Credit Agreement as described in Item 1.01 above.”
PHINIA INC. amended credit facility.
“On April 4, 2024, the Company, as borrower, and certain subsidiaries of the Company, each acting as guarantors, entered into the Amendment No. 1 to Credit Agreement”
PHINIA INC. incurred senior notes of $525 million aggregate principal amount with U.S. Bank Trust Company, National Association at 6.75% per annum maturing April 15, 2029.
“On April 4, 2024, PHINIA Inc. (the “Company”) issued $525 million aggregate principal amount of 6.75% Senior Secured Notes due 2029”
Granite Ridge Resources, Inc. amended credit facility of $300.0 million with Bank of America, N.A..
“pointment, Assignment and Third Amendment to Credit Agreement (the “Third Amendment”) amending the Company’s existing Credit Agreement, dated as of October 24, 2022, by and among the Company, as borrower, Texas Capital Bank, as resigning administrative agent, Bank of America, N.A. (“Bank of America”), as successor administrative agent, and the lenders from time to time party thereto (as amended or modified prior to the Amendment Date, the “Existing Credit Agreement”).”
TMT Acquisition Corp. incurred loan of $300,000 with Elong Power Holding Limited at no interest maturing upon consummation of the business combination.
“Such deposit of the Elong Extension Fee is evidenced by an unsecured promissory note (the "Elong Note") in the principal amount of $300,000 to Elong”
TMT Acquisition Corp. incurred loan of $300,000 with Ms. Xiaozhen Li at no interest maturing upon consummation of the business combination.
“the Company issued an unsecured promissory note to Ms. Li with a principal amount of $300,000 (the "Sponsor Note")”
Blue Owl Technology Finance Corp. II incurred senior notes of $700.0 million aggregate principal amount with Mizuho Securities USA LLC, Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, SMBC Nikko Securities America, Inc. and Truist Securities, Inc. at 6.750% maturing April 4, 2029.
“completed its previously announced offering of $700.0 million aggregate principal amount of its 6.750% notes due 2029”
Collective Audience, Inc. incurred loan of up to €300,000 with Peter Bordes at 7.5% per annum maturing one (1) year maturity.
“On March 31, 2024 (the “Promissory Note Closing Date”), the Company entered into a simple promissory note (the “Promissory Note”) with the Company’s Chief Executive Officer, Peter Bordes, pursuant to which Mr. Bordes lent certain money to the Company. The Promissory Note is for an aggregate principal amount of up to €300,000 and has a one (1) year maturity from the Promissory Closing Date, with an interest rate of 7.5% per annum.”
LIBERTY STAR URANIUM & METALS CORP. incurred loan of $75,000 with Peter O'Heeron at 10% per annum, compounded annually maturing April 3, 2025.
“On April 3, 2024, Liberty Star Uranium & Metals Corp. (the “Company”) entered into a Promissory Note Agreement (the “Note”) with Peter O’Heeron, Chairman, Secretary & Treasurer of the Company. The Note was executed to evidence a $75,000 loan to the Company from Mr. O’Heeron. The Company intends to use the proceeds for payment of on-going exploration expense. The Note bears interest at 10% per annum, compounded annually with principal and interest maturing April 3, 2025, unless further extended by Mr. O’Heeron, or the company chooses to pay earlier.”
GUESS INC amended credit facility of total borrowing capacity thereunder is up to $200,000,000 with Bank of America, N.A. at Term CORRA replaced Canadian BA Rate.
“Amendment No. 4, among other things, provides for a $50,000,000 increase in borrowing capacity under the credit facility through utilization of the credit facility’s accordion feature, such that total borrowing capacity thereunder is up to $200,000,000”
GUESS INC incurred convertible notes of approximately $12.1 million with holder of 2.00% convertible senior notes due 2024 at 3.75% maturing 2028.
“the Company exchanged approximately $14.6 million in aggregate principal amount of the 2024 Notes for approximately $12.1 million in aggregate principal amount of additional 3.75% convertible senior notes due 2028 (the “Additional 2028 Notes”)”
CREDIT ACCEPTANCE CORP incurred senior notes of $500.0 million with Computershare Trust Company, N.A. at 5.68% / 6.03% / 6.71%.
“On March 28, 2024, Credit Acceptance Corporation (the "Company", "Credit Acceptance", "we", "our", or "us") entered into a $500.0 million asset-backed non-recourse secured financing (the "Financing").”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.