New loans, notes, and credit facilities disclosed under 8-K Items 2.03/2.04.
Zoomcar Holdings, Inc. incurred loan of up to $500,000 with Innovative International Sponsor I LLC at bears no interest maturing the date of the consummation of the Company's initial business combination.
“On August 18, 2023, Innovative International Acquisition Corp. (the “Company”) issued an unsecured promissory note (the “Note”), in the amount of up to $500,000 to Innovative International Sponsor I LLC.”
MSD Investment Corp. incurred credit facility of $370 million with Citizens Bank N.A as lender and administrative agent at SOFR plus 2.75% per annum maturing August 15, 2028.
“(the “ Company ”), entered into a Loan and Security Agreement (together with the exhibits and schedules thereto, the “ Loan and Security Agreement ”) with Citizens Bank N.A as lender and administrative agent, the Company as collateral manager, the other lenders party thereto, U.S.”
American Oncology Network, Inc. incurred loan of $50,000 with Digital Transformation Sponsor LLC at non-interest bearing maturing 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 Company.
“the Company is required to complete its initial business combination from August 31, 2023 to September 30, 2023. In accordance with the Company’s charter, the Sponsor deposited $50,000 into the trust account established for the benefit of the Company’s public stockholders, which was evidenced by a non-interest bearing, unsecured promissory note issued in favor”
Slam Corp. incurred loan of $800,000 with Slam Sponsor, LLC at does not bear interest maturing repayable in full upon the consummation of the Company’s initial business combination.
“On August 18, 2023, Slam Corp. issued an unsecured promissory note (the “Note”) in the principal amount of $800,000 to Slam Sponsor, LLC (the “Sponsor”).”
Wheels Up Experience Inc. amended loan of outstanding principal and interest currently due with the lenders under the Loan Agreement dated October 14, 2022 at not disclosed maturing not disclosed.
“on August 18, 2023, Wheels Up Partners LLC, an indirect subsidiary of the Company ("WUP"), and the lenders under that certain Loan Agreement, dated as of October 14, 2022, by and among Wheels Up Class A-1 Loan Trust 2022-1, a Delaware statutory trust, each lender from time to time made party thereto, and Wilmington Trust, National Association, as facility agent and as security trustee for the lenders, which relates to WUP's outstanding Series A-1 equipment notes, determined to further extend the grace period for the payment of outstanding principal and interest currently due under such equipment notes to August 23, 2023.”
Wheels Up Experience Inc. amended loan of $45.0 million with Delta Air Lines, Inc. at not disclosed maturing not disclosed.
“Pursuant to the Note First Amendment, the Company and Delta agreed to increase the aggregate principal amount of the Note by an additional $10.0 million to $25.0 million, of which the additional $10.0 million was received by the Company on August 16, 2023. Pursuant to the Note Second Amendment, the Company and Delta agreed to further increase the aggregate principal amount of the Note, as amended to the date thereof, by up to an additional $20.0 million, which brought the total principal amount under the Note and Amendments up to $45.0 million.”
WhiteHorse Finance, Inc. incurred senior notes of $30.0 million with Oppenheimer & Co. Inc. at 7.875% maturing 2028.
“LLC and Oppenheimer & Co. Inc., as representative of the several underwriters named in Schedule I thereto, in connection with the issuance and sale by the Company of $30.0 million in aggregate principal amount of its 7.875% notes due 2028 (the “Notes”), in a registered public offering (the “Offering”). The Offering was made pursuant to the”
Franchise Group, Inc. amended credit facility of not disclosed with Valor Acquisition, LLC at amended reference rate from LIBOR to SOFR, increased interest rate margin for lo maturing not disclosed.
“The Second Lien Amendment amends the Second Lien Credit Agreement, among other things, to (i) amend the reference rate from LIBOR to SOFR, (ii) increase the interest rate margin for loans based on the alternative base rate from 6.50% to 9.00% and for loans based on SOFR from 7.50% to 10.00% with a step-up upon the satisfaction of certain conditions, (iii) permit certain assignments to the Company and its affiliates and (iv) permit the exchange of certain loans extended under a certain credit agreement to which the direct parent of the Company is party into loans under the Second Lien Credit Agreement.”
PBF Energy Inc. incurred senior notes of $500.0 million in aggregate principal amount with Wilmington Trust, National Association at 7.875% maturing September 15, 2030.
“On August 21, 2023, PBF Holding Company LLC (“PBF Holding”), a subsidiary of PBF Energy Company LLC (“PBF LLC”), in turn a subsidiary of PBF Energy Inc. (“PBF Energy” and collectively with its consolidated subsidiaries including PBF LLC and PBF Holding, the “Company”) entered into an Indenture (the “Indenture”) among PBF Holding and PBF Holding’s wholly-owned subsidiary, PBF Finance Corporation (together with PBF Holding, the “Issuers”), the Guarantors named on the signature pages thereto, Wilmington Trust, National Association, as Trustee and Deutsche Bank Trust Company Americas, as Paying Agent, Registrar, Transfer Agent and Authenticating Agent, under which the Issuers issued $500.0 million in aggregate principal amount of 7.875% Senior Notes due 2030 (the “Notes”) at an issue price of 99.324%.”
Propanc Biopharma, Inc. incurred loan of principal face amount of $132,000 with August Lender at 10% per annum, which may be increased to 18% in the event of a default maturing November 15, 2023.
“On August 15, 2023, the Company issued to an institutional investor (the “August Lender”) a 10% original issue discount promissory note (the “Promissory Note”) in consideration for $120,000, which has a principal face amount of $132,000, matures on November 15, 2023 and accrues interest at a rate of 10% per annum, which may be increased to 18% in the event of a default.”
Propanc Biopharma, Inc. incurred convertible notes of aggregate principal amount of $55,000 with August Investor at 8% per annum, which may be increased to 22% in the event of a default maturing August 16, 2024.
“On August 16, 2023, Propanc Biopharma, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with an investor (the “August Investor”), which closed on August 16, 2023, pursuant to which the August Investor purchased a convertible promissory note (the “August Note”) from the Company in the aggregate principal amount of $55,000”
TurnOnGreen, Inc. incurred credit facility of up to $2,000,000 with Ault Alliance, Inc. at 10.0% per annum maturing within five business days after request by AAI.
“On August 15, 2023, Imperalis Holding Corp., a Nevada corporation (the “ Company ”), entered into a Loan and Security Agreement (the “ Credit Agreement ”) with Ault Alliance, Inc., a Delaware corporation, as lender (“ AAI ”). The Credit Agreement provides for a secured, non-revolving credit facility in an aggregate principal amount of up to $2,000,000. All loans under the Credit Agreement (collectively, the “ Advances ”) are due within five business days after request by AAI”
ALPHA MODUS HOLDINGS, INC. incurred loan of $180,000 with Insight Acquisition Sponsor, LLC at does not bear interest maturing upon the closing of an initial business combination by the Company.
“On August 17, 2023, Insight Acquisition Corp. (the "Company") issued an unsecured promissory note in the aggregate principal amount of $180,000 (the "Note") to Insight Acquisition Sponsor, LLC, the Company's sponsor ("Sponsor"), in exchange for the Sponsor advancing $480,000 to the Company”
Ace Global Business Acquisition Ltd incurred loan of $116,777.35 with Ace Global Investment Limited at does not bear interest maturing upon the closing of a business combination by the Company.
“On August 15 th , 2023, Ace Global Business Acquisition Limited (the “Company”) issued an unsecured promissory note in the aggregate principal amount of $116,777.35 (the “Note”) to Ace Global Investment Limited, the Company’s initial public offering sponsor (“Sponsor”) in exchange for Sponsor depositing such amount into the Company’s trust account in order to extend the period of time the Company has to complete a business combination for an additional one (1) month period, from September 9, 2023 to October 8, 2023”
Estrella Immunopharma, Inc. incurred loan of $37,432.70 with Estrella Biopharma, Inc. at no interest maturing upon the consummation of the Company’s business combination.
“Estrella has deposited a monthly extension payment of $37,432.70 to the trust account of the Company to extend the deadline for the Company to complete the business combination contemplated therein by September 19, 2023. Such deposit is evidenced by an unsecured promissory note in the principal amount of $37,432.70 issued by the Company to Estrella (the “Extension Note”).”
Arconic Corp incurred revolving credit of $1,200 million with JPMorgan Chase Bank, N.A. maturing fifth anniversary of the date hereof.
“governing Parent’s asset-based revolving loan facility that provides aggregate borrowing availability equal to the lesser of $1,200 million and the borrowing base, maturing on the fifth anniversary of the date hereof”
Arconic Corp incurred term loan of $1,425 million with JPMorgan Chase Bank, N.A. maturing seventh anniversary of the date hereof.
“governing Parent’s term loan facility in an aggregate principal amount of $1,425 million, maturing on the seventh anniversary of the date hereof”
Arconic Corp incurred senior notes of $500 million with U.S. Bank Trust Company, National Association at 11.500% maturing 2031.
“Parent’s issuance of 11.500% Senior Notes due 2031 with an initial aggregate principal amount of $500 million”
Arconic Corp incurred senior notes of $700 million with U.S. Bank Trust Company, National Association at 8.000% maturing 2030.
“Parent’s issuance of 8.000% Senior Secured Notes due 2030 with an initial aggregate principal amount of $700 million”
Odyssey Health, Inc. incurred convertible notes of five hundred thousand ($500,000) with two accredited investors at 12% per annum maturing the later of twelve (12) months from execution or completion of a Senior Exchange Listing of the Company or a Company Spinout ("Spinco") of its ONP Technology.
“desires to issue and sell, as set forth in the NPA (i) a Convertible Promissory Note of the Company, (the “Note”), in aggregate principal amount of five hundred thousand ($500,000), (the “Loan Amount”), (ii) due and payable in full on or after the later of twelve (12) months from execution or completion of a Senior Exchange Listing of the Company or a”
City Office REIT, Inc. amended mortgage of $14.5 million with BankUnited, N.A. at daily-simple SOFR plus 275 basis points maturing August 16, 2028.
“The Amended and Restated Carillon Loan Agreement, as evidenced by the Amended and Restated Carillon Promissory Note, relates to a $14.5 million mortgage loan to CIO Carillon (the "Carillon Loan"),”
City Office REIT, Inc. amended mortgage of $26.3 million with BankUnited, N.A. at daily-simple SOFR plus 275 basis points maturing August 16, 2028.
“The Amended and Restated FRP Loan Agreement, as evidenced by the Amended and Restated FRP Promissory Note, relates to a $26.3 million mortgage loan to the Borrowers (the "FRP Loan"),”
EKSO BIONICS HOLDINGS, INC. amended term loan with Pacific Western Bank at the greater of (A) the Lender's "prime rate" then in effect and (B) 4.50% maturing August 13, 2026.
“The Amendment amends that certain Loan and Security Agreement dated as of August 13, 2020, by and between the Borrower and the Lender to, among other things, (i) have daily borrowings under the Term Loan bear interest at a variable annual rate equal to the greater of (A) the Lender's "prime rate" then in effect and (B) 4.50%, (ii) cause the Borrower to maintain all of its depository, operating, and investment accounts with Lender and (iii) extend the Term Loan Maturity Date to August 13, 2026.”
TransDigm Group INC incurred senior notes of $1,450 million in aggregate principal amount with The Bank of New York Mellon Trust Company, N.A. at 6.875% per annum maturing December 15, 2030.
“completed the previously announced offering of $1,450 million in aggregate principal amount of 6.875% Senior Secured Notes due 2030”
AKAMAI TECHNOLOGIES INC incurred convertible notes of $1,100,000,000 in aggregate principal amount with U.S. Bank Trust Company, National Association at 1.125% per year maturing February 15, 2029.
“completed its previously announced offering of $1,100,000,000 in aggregate principal amount of its 1.125% Convertible Senior Notes due February 15, 2029”
AZZ INC amended term loan with Citibank, N.A. at SOFR + 375 basis points.
“The First Amendment reduces the applicable margin for the Initial Term Loan (as defined in the Credit Agreement) by 50 basis points to SOFR + 375 basis points and removed the credit spread adjustment of 10 basis points.”
PULTEGROUP INC/MI/ incurred credit facility of $850 million with JPMorgan Chase, as Agent and representative of itself as a Buyer and the other Buyers at Adjusted Term SOFR Rate maturing August 14, 2024.
“("PulteGroup"), entered into a Master Repurchase Agreement (the “Repurchase Agreement”) with JPMorgan Chase, as Agent and representative of itself as a Buyer and the other Buyers ("Agent"), and the other Buyers listed therein.”
Nabors Energy Transition Corp. incurred loan of $295,519.23 with Nabors Lux 2 S.a.r.l. at bears no interest maturing upon the earlier to occur of (i) the date on which the Company consummates its initial business combination and (ii) the liquidation of the Company on or before.
“On August 16, 2023, the Company issued an unsecured promissory note (the “Note”) to Nabors Lux 2 S.a.r.l., a private limited liability company (société à responsabilité limitée) incorporated in the Grand Duchy of Luxembourg (“Nabors Lux”), in the principal amount of $295,519.23 in connection with the Extension (as defined below). Nabors Lux is an affiliate of Nabors Energy Transition Sponsor LLC (the “Sponsor”). The Note bears no interest and is due and payable upon the earlier to occur of (i) the date on which the Company consummates its initial business combination and (ii) the liquidation of the Company on or before September 19, 2023, unless such date is extended pursuant to the Company’s second amended and restated certificate of incorporation (the “Amended Charter”), or such later liquidation date as may be approved by the Company’s stockholders.”
Guerrilla RF, Inc. incurred loan of $1.5 million with Salem Investment Partners V, Limited Partnership at 14.0% per annum maturing August 2027.
“On August 14, 2023, Guerrilla RF, Inc. (the “Company”) drew down an additional $1.5 million (the “Additional Advance”) under its existing loan facility with Salem Investment Partners V, Limited Partnership (“Salem”).”
OCA Acquisition Corp. incurred loan of $90,000 with OCA Acquisition Holdings LLC at does not bear interest maturing upon closing of the Company's initial business combination.
“On August 15, 2023, the board of directors of OCA Acquisition Corp., a Delaware corporation (the “ Company ”), approved a draw of an aggregate of $90,000 (the “ Extension Funds ”) pursuant to the Promissory Note, dated as of January 19, 2023, between the Company and OCA Acquisition Holdings LLC (the “ Note ”), which Extension Funds the Company deposited into the Company’s trust account for its public stockholders on August 17, 2023.”
Greenbacker Renewable Energy Co LLC incurred credit facility of up to $75,000,000 with Wells Fargo Bank, National Association, as administrative agent at Loans under the Credit Facility bear interest at a rate per annum equal to (i) i maturing the third anniversary of the Closing Date.
“as sustainability structuring agent, and Wilmington Trust, National Association serves as collateral agent. The Credit Agreement provides for aggregate commitments of up to $75,000,000, as may be increased up to $250,000,000, for secured revolving loans and letter of credit issuances (the “Credit Facility”). The proceeds of the Credit Facility are intended to be”
WORKIVA INC incurred convertible notes of $625 million with U.S. Bank Trust Company, National Association at 1.250% maturing August 15, 2028.
“Workiva Inc. (the "Company", "we", "us") entered into a purchase agreement (the “Purchase Agreement”) with Goldman Sachs & Co. LLC (the “Initial Purchaser”), to issue and sell $625 million in aggregate principal amount of 1.250% Convertible Senior Notes due 2028 (the “2028 Notes”), with an option granted to the Initial Purchaser to purchase, for settlement within a”
PennyMac Mortgage Investment Trust amended credit facility of $215 million to $370 million with Citibank, N.A. maturing May 25, 2028.
“The note balance of the Series 2023-FTL1 Loan is increased by $215 million to $370 million.”
GLADSTONE CAPITAL CORP incurred senior notes of $57,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 7.75% per year maturing September 1, 2028.
“Company and the Trustee (together with the Fifth Supplemental Indenture, the “Indenture”). The Fifth Supplemental Indenture relates to the Company’s issuance, offer and sale of $ 57,000,000 aggregate principal amount of its 7.75% Notes due 2028 (the “Notes”). The Notes will mature on September 1, 2028, unless previously redeemed or repurchased in accordance with”
AVIENT CORP amended term loan with Citibank, N.A., as administrative agent; Morgan Stanley Bank, N.A., as the Amendment No. 8 Additional Term Lender at reduced the interest rate maturing extended the maturity date of the existing Term B-5 loans from January 30, 2026 to August 29, 2029.
“reduced the interest rate applicable to the term loans and extended the maturity date of the existing Term B-5 loans from January 30, 2026 to August 29, 2029”
AVIENT CORP incurred term loan of initial principal amount of $732 million with Citibank, N.A., as administrative agent; Morgan Stanley Bank, N.A., as the Amendment No. 8 Additional Term Lender at Adjusted Term SOFR plus 2.50% or Base Rate plus 1.50%.
“On August 16, 2023, Avient Corporation, an Ohio corporation (the “Company”), and certain subsidiaries of the Company amended its secured Term Loan Agreement to create a new tranche of term loans (the “Term B-7 Loans”) in an initial principal amount of $732 million”
Hyperscale Data, Inc. incurred guarantee with A&C and the Investors.
“the Company signed a guaranty dated July 28, 2023 but effective as of August 3, 2023, guaranteeing the full payment of A&C’s obligations under the Exchange Notes”
Hyperscale Data, Inc. incurred senior notes of $10,544,832 with institutional investors at 10% Secured OID Promissory Notes.
“each with a principal face amount of $5,272,416 as of July 28, 2023 for an aggregate of amount owed of $10,544,832 (the “ Principal Amount ”)”
TRINET GROUP, INC. amended revolving credit of $700.0 million with JPMorgan Chase Bank, N.A. maturing August 16, 2028.
“The Amendment, among other things (1) increases the aggregate revolving commitments under the revolving facility made available under the 2021 Credit Agreement (the “revolving facility”) from $500.0 million to an amount not to exceed $700.0 million and (2) extends the maturity date of the revolving facility to August 16, 2028.”
TRINET GROUP, INC. incurred senior notes with U.S. Bank Trust Company, National Association at 7.125% per annum maturing August 15, 2031.
“On August 16, 2023, TriNet Group, Inc. (the “Company”) completed a previously announced private offering of its 7.125% Senior Notes due 2031 (the “Notes”).”
ALBANY INTERNATIONAL CORP /DE/ incurred revolving credit of $800 million with JPMorgan Chase Bank, N.A., as Administrative Agent and a Lender at Term SOFR plus a spread based on the Registrant’s leverage ratio and a pricing g maturing August 16, 2028.
“On August 16, 2023, Albany International Corp. (the “Registrant” or the “Company”) entered into a $800 million unsecured Five-Year Revolving Credit Facility Agreement (the “New Agreement”)”
NON INVASIVE MONITORING SYSTEMS INC /FL/ amended loan of $75,000 with Jane Hsiao, Ph.D. maturing July 31, 2025.
“On August 15, 2023, NIMS entered into the First Amendment to that certain Promissory Note dated October 4, 2021 in the principal amount of $75,000 with Jane Hsiao, Ph.D., the Company’s Chairman and Interim CEO”
NON INVASIVE MONITORING SYSTEMS INC /FL/ amended loan of $75,000 with Frost Gamma Investments Trust maturing July 31, 2025.
“On August 15, 2023, NIMS entered into the First Amendment to that certain Promissory Note dated October 4, 2021 in the principal amount of $75,000 with Frost Gamma Investments Trust”
NON INVASIVE MONITORING SYSTEMS INC /FL/ incurred loan of $200,000.00 with Frost Gamma Investments Trust at 11% per annum maturing July 31, 2025.
“On August 15, 2023, Non-Invasive Monitoring Systems, Inc. (“NIMS”) entered into a Promissory Note in the principal amount of $200,000.00 with Frost Gamma Investments Trust”
FIRST MID BANCSHARES, INC. incurred senior notes of $7,500,000 of subordinated notes due 2031 and $7,500,000 of subordinated notes due 2036 maturing 2031 and 2036.
“First Mid assumed Blackhawk’s rights, duties and obligations with respect to Blackhawk’s $7,500,000 of subordinated notes due 2031 and $7,500,000 of subordinated notes due 2036.”
FIRST MID BANCSHARES, INC. incurred senior notes of $4,124,000 with Wilmington Trust Company, as trustee at Fixed/Floating Rate maturing 2035.
“First Mid assumed Blackhawk’s rights, duties and obligations under the Indenture between Blackhawk and the Trustee, dated as of March 17, 2005, pursuant to which Blackhawk has outstanding $4,124,000 of Fixed/Floating Rate Junior Subordinated Deferrable Interest Debentures due 2035.”
FIRST MID BANCSHARES, INC. incurred senior notes of $1,031,000 with U.S. Bank Trust Company, National Association, as trustee at Floating Rate maturing 2032.
“First Mid assumed Blackhawk’s rights, duties and obligations under the Indenture between Blackhawk and the Trustee, dated as of December 19, 2002, pursuant to which Blackhawk has outstanding $1,031,000 of Floating Rate Junior Subordinated Deferrable Interest Debentures due 2032.”
Battery Future Acquisition Corp. incurred convertible notes of $250,000 with Pala Investment Limited at twenty percent (20.00%) per annum maturing the earlier of (i) the date on which the business combination is consummated and (ii) the date of the Company’s liquidation.
“On August 15, 2023, an aggregate of $250,000 (the “Extension Payment”) was deposited by Pala Investment Limited, a Jersey limited liability company (“Pala”), into the trust account of Battery Future Acquisition Corp. (“BFAC” or the “Company”) for BFAC’s public shareholders, representing $0.024 per public share, which enables BFAC to extend the period of time it has to consummate its initial business combination by one month to September 17, 2023 (the “Extension”).”
WinVest Acquisition Corp. incurred loan of $390,000 with WinVest SPAC LLC at does not bear interest maturing upon the earlier of (a) the closing of a Business Combination and (b) the Company's liquidation.
“Arrangement or a Registrant. As previously disclosed, on June 13, 2023, WinVest Acquisition Corp. (the “Company”) issued an unsecured promissory note in the principal amount of $390,000 (the “Promissory Note”) to WinVest SPAC LLC, a Delaware limited liability company (the “Sponsor”), pursuant to which the Sponsor agreed to loan to the Company up to $390,000 in”
Black Mountain Acquisition Corp. incurred loan of $160,000 with Black Mountain Sponsor LLC at no interest maturing upon the earlier to occur of (i) the date on which the Company consummates ... an Initial Business Combination and (ii) the liquidation of the Company on or bef.
“On August 16, 2023, Black Mountain Acquisition Corp. (the “Company”) issued an unsecured promissory note (the “Note”) to Black Mountain Sponsor LLC (the “Sponsor”) in the principal amount of $160,000”
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.