New loans, notes, and credit facilities disclosed under 8-K Items 2.03/2.04.
INTRUSION INC amended loan with Streeterville Capital, LLC maturing September 10, 2024 (Note #1) and December 29, 2024 (Note #2).
“On August 2, 2023, the Company and Streeterville entered into a Forbearance and Standstill Agreement (the “Forbearance Agreement”) under which both parties agreed to extend the maturity date of each Note by 12 months. The maturity date of Note #1 is now September 10, 2024, and the maturity date of Note #2 is now December 29, 2024.”
Yellow Corp faced acceleration on term loan with The Bank of New York Mellon.
“The filing of the Chapter 11 Cases constitutes an event of default that accelerated the Company’s obligations under the following debt instruments and agreements (collectively, the “ Debt Instruments ”): • Amended and Restated Credit Agreement, dated as of September 11, 2019, as amended, by and among the Company, certain of the Company’s subsidiaries party thereto from time to time, the lenders party thereto from time to time and Alter Domus Products Corp., as administrative agent and collateral agent; • Loan and Security Agreement, dated as of February 13, 2014, as amended, among the Company, as administrative borrower, the other borrowers named therein, the guarantors party thereto from time to time, certain financial institutions from time to time party thereto as lenders, and Citizens Business Capital, a division of Citizens Asset Finance, Inc. (a subsidiary of Citizens Bank, N.A.), as agent, and Citizens Bank, N.A. and PNC Capital Markets LLC, as joint lead arrangers and joint boo”
Yellow Corp faced acceleration on loan with Citizens Business Capital, a division of Citizens Asset Finance, Inc..
“The filing of the Chapter 11 Cases constitutes an event of default that accelerated the Company’s obligations under the following debt instruments and agreements (collectively, the “ Debt Instruments ”): • Amended and Restated Credit Agreement, dated as of September 11, 2019, as amended, by and among the Company, certain of the Company’s subsidiaries party thereto from time to time, the lenders party thereto from time to time and Alter Domus Products Corp., as administrative agent and collateral agent; • Loan and Security Agreement, dated as of February 13, 2014, as amended, among the Company, as administrative borrower, the other borrowers named therein, the guarantors party thereto from time to time, certain financial institutions from time to time party thereto as lenders, and Citizens Business Capital, a division of Citizens Asset Finance, Inc. (a subsidiary of Citizens Bank, N.A.), as agent, and Citizens Bank, N.A. and PNC Capital Markets LLC, as joint lead arrangers and joint boo”
Yellow Corp faced acceleration on credit facility with Alter Domus Products Corp..
“The filing of the Chapter 11 Cases constitutes an event of default that accelerated the Company’s obligations under the following debt instruments and agreements (collectively, the “ Debt Instruments ”): • Amended and Restated Credit Agreement, dated as of September 11, 2019, as amended, by and among the Company, certain of the Company’s subsidiaries party thereto from time to time, the lenders party thereto from time to time and Alter Domus Products Corp., as administrative agent and collateral agent;”
ALLURION TECHNOLOGIES, INC. incurred convertible notes of $2,000,000 with RTW Investments, LP at unknown maturing unknown.
“Pursuant to the Backstop Agreement, immediately prior to the Intermediate Merger Closing (a) each Backstop Purchaser purchased $2 million of the aggregate principal amount outstanding under HVL’s Allurion Convertible Note, (b) New Allurion canceled the existing Allurion Convertible Note held by HVL and issued a new Allurion Convertible Note to HVL for the remaining balance together with all unpaid interest accrued since the date of issuance thereof, (c) New Allurion issued new Allurion Convertible Notes to each Backstop Purchaser with an issuance date of the Closing Date and an original principal amount of $2 million each”
ALLURION TECHNOLOGIES, INC. incurred convertible notes of $2,000,000 with CFIP2 ALLE LLC at unknown maturing unknown.
“Pursuant to the Backstop Agreement, immediately prior to the Intermediate Merger Closing (a) each Backstop Purchaser purchased $2 million of the aggregate principal amount outstanding under HVL’s Allurion Convertible Note, (b) New Allurion canceled the existing Allurion Convertible Note held by HVL and issued a new Allurion Convertible Note to HVL for the remaining balance together with all unpaid interest accrued since the date of issuance thereof, (c) New Allurion issued new Allurion Convertible Notes to each Backstop Purchaser with an issuance date of the Closing Date and an original principal amount of $2 million each”
Global Crossing Airlines Group Inc. incurred senior notes of $35 million with U.S. Bank Trust Company, National Association at 15% per annum maturing August 2, 2029.
“(each, a “Warrant”). Pursuant to the terms of the Subscription Agreement, on the Closing Date, the Initial Purchasers purchased (i) Notes in the aggregate principal amount of $35 million and (ii) 10 million common stock warrants (each, a “Warrant”) in the aggregate in a private placement (the “Offering’) exempt from the registration requirements of the Securities”
Perception Capital Corp. III incurred loan of $1,300,000 with Perception Capital Partners IIIA, LLC at will not accrue interest maturing upon the closing of the Company's initial business combination.
“On August 1, 2023, Portage Fintech Acquisition Corporation (the “Company”) entered into a Subscription Agreement (the “Subscription Agreement”) with Polar Multi-Strategy Master Fund (the “Investor”) and Perception Capital Partners IIIA, LLC (the “Sponsor” and, together with the Company and Investor, the “Parties”).”
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.
“xtension Payment, the Company issued an unsecured promissory note (the “ Note ”) to Water On Demand, Inc., a Nevada corporation and the entity which controls the Company’s sponsor.”
FARADAY FUTURE INTELLIGENT ELECTRIC INC. incurred convertible notes of $16,500,000 aggregate principal amount with Streeterville Capital, LLC at 10% per annum maturing August 4, 2029.
“On August 4, 2023, Faraday Future Intelligent Electric Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Streeterville SPA”) with Streeterville Capital, LLC (“Purchaser”), to issue and sell $16,500,000 aggregate principal amount of the Company’s unsecured convertible senior promissory notes (the “Streeterville Note”)”
Xponential Fitness, Inc. amended credit facility with Wilmington Trust, National Association, as administrative agent and collateral agent, and the lenders party thereto, including certain entities affiliated with MSD Partners at benchmark interest rate based on the forward-looking secured overnight financing.
“replaces the benchmark interest rate based on the London Interbank Offered Rate (“LIBOR”) (and related LIBOR-based mechanics) applicable to the loans under the Credit Agreement with a benchmark interest rate based on the forward-looking secured overnight financing rate (“Term SOFR”) (and related Term SOFR-based mechanics)”
Xponential Fitness, Inc. incurred term loan of $65.0 million with Wilmington Trust, National Association, as administrative agent and collateral agent, and the lenders party thereto, including certain entities affiliated with MSD Partners.
“additional term loans in an aggregate principal amount of $65.0 million (the “Fifth Amendment Incremental Term Loans”)”
Elanco Animal Health Inc incurred credit facility of $300 million with Coöperatieve Rabobank U.A., New York Branch at Term SOFR plus a margin maturing three years.
“guarantor is only of the performance of Elanco US, and not the performance of the Borrower or the debt. The Receivables Securitization Facility (a) has a borrowing capacity of $300 million, (b) has a term of three years, and (c) is subject to customary representations, warranties and indemnification provisions. The interest rate on borrowings under the”
Northwest Natural Holding Co incurred senior notes of $50,000,000 aggregate principal amount with certain institutional investors at 5.23% maturing August 4, 2038.
“(ii) $50,000,000 aggregate principal amount of its First Mortgage Bonds, 5.23% Series due 2038”
Northwest Natural Holding Co incurred senior notes of $80,000,000 aggregate principal amount with certain institutional investors at 5.18% maturing August 4, 2034.
“issued and sold (i) $80,000,000 aggregate principal amount of its First Mortgage Bonds, 5.18% Series due 2034”
NeueHealth, Inc. incurred term loan of $60.0 million with NEA 18 Venture Growth Equity, L.P. at 15.00% maturing December 31, 2025.
“to provide for a credit facility pursuant to which, among other things, the lenders have provided $60.0 million delayed draw term loan commitments.”
AMERICAN REBEL HOLDINGS INC reported a financing event involving debt of up to $800,000 with Tony Stewart Racing Nitro, LLC.
“he Registrant entered into a Sponsorship Agreement (the “Sponsorship Agreement”) with Tony Stewart Racing Nitro, LLC, d/b/a TSR Nitro (the “TSRN”), a race team operating a Funny Car Team competing full time with the NHRA (the “Series”).”
National CineMedia, Inc. incurred revolving credit of $55,000,000 with CIT Northbridge Credit LLC at base rate or SOFR benchmark plus (i) 3.75% if less than 50% of revolving commitm maturing August 7, 2026.
“On August 7, 2023, NCM LLC entered into a Loan, Security and Guarantee Agreement (the “Credit Agreement”) with the lenders party thereto and CIT Northbridge Credit LLC as agent. Under the Credit Agreement, NCM LLC has access to a revolving credit facility with aggregate commitments totaling $55,000,000 (the “Credit Facility”).”
SOUTHWEST AIRLINES CO amended revolving credit of Commitments unchanged; no amounts outstanding with syndicate of lenders at Based on Adjusted Term SOFR Rate (floor 1%) or alternate base rate, with margins maturing August 4, 2028.
“On August 4, 2023, Southwest Airlines Co. (the “Company”) amended its revolving credit facility agreement with a syndicate of lenders expiring in August 2025 (the “A&R Credit Agreement”) to (i) extend the maturity to August 4, 2028, (ii) release all aircraft and other assets constituting collateral securing the loans made under the A&R Credit Agreement, (iii) delete all provisions and terminate all agreements, in each case, relating to the grant of such collateral, (iv) eliminate the role of “Collateral Agent” under the A&R Credit Agreement after giving effect to the amendment, terminations, and releases, (v) eliminate the minimum liquidity covenant, (vi) add a Coverage Ratio financial covenant, (vii) amend the Collateral Coverage Test covenant requiring that a pool of lien-free specified aircraft and related assets have a minimum aggregate appraised value, and add certain covenants with respect to such pool of assets, (viii) amend the pricing and fees, (ix) increase certain materialit”
DYNATRONICS CORP incurred revolving credit of $7,500,000 with Gibraltar Business Capital, LLC at SOFR plus 5.00% maturing three years from the date of the promissory note.
“used for operating capital. Amounts available under the Loan Agreement (the "Revolving Loans") will be subject to a borrowing base calculation of up to a maximum availability of $7,500,000 (the "Revolving Loan Commitment") and will bear interest at SOFR plus 5.00%. The Company paid a closing fee of 1.00% of the Revolving Loan Commitment and the line is subject to a”
Blue Ocean Acquisition Corp incurred loan of $400,000 with The News Lens Co., Ltd at non-interest bearing maturing on the date on which the Company consummates the transactions contemplated by the Merger Agreement.
“On August 3, 2023, Blue Ocean Acquisition Corp (the “ Company ”) issued an unsecured promissory note to The News Lens Co., Ltd, with a principal amount equal to $400,000 (the “ Working Capital Note ”).”
Janus International Group, Inc. amended credit facility of from $80,000,000 to $125,000,000 with JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, along with Bank of America and Goldman Sachs as syndication lenders at Interest payments with respect to the 2023 LOC Agreement are due in arrears.
“national, Wells Fargo Bank, National Association, as administrative agent and collateral agent and the other parties thereto, pursuant to a new ABL Credit and Guarantee Agreement (the “2023 LOC Agreement”) by and among Janus Intermediate, Janus International, JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, along with Bank of America and Goldman Sachs as syndication lenders.”
Janus International Group, Inc. incurred credit facility of $625,000,000 with UBS AG, Stamford Branch, as administrative agent and collateral agent, Goldman Sachs Bank USA, as successor administrative agent and collateral agent and the other parties at interest payable in arrears (with respect to base rate loans) or at the end of a maturing August 3, 2030.
“administrative agent and collateral agent and the other parties thereto. The Amendment is comprised of a syndicate of lenders originating on August 3, 2023 in the amount of $625,000,000 with interest payable in arrears (with respect to base rate loans) or at the end of an interest period (with respect to Secured Overnight Financing Rate loans). The outstanding”
POWERSCHOOL HOLDINGS, INC. incurred term loan of $100 million aggregate principal amount of incremental term loans with Barclays Bank PLC, as the administrative agent, and the lenders party thereto.
“the Borrowers incurred an additional $100 million aggregate principal amount of incremental term loans (the "Incremental Term Loans") under its term loan facility (the "Term Loan Facility").”
Astra Space, Inc. incurred senior notes of $12.5 million aggregate principal amount with an institutional investor at 9.0% per annum maturing November 1, 2024.
““ Investor ”) pursuant to which the Investor agreed to purchase, and the Company agreed to issue and sell in a registered direct offering to the Investor (the “ Offering ”), $12.5 million aggregate principal amount of senior secured notes (the “ Initial Notes ”) and warrants (the “ Initial Warrants ”) to purchase up to 22.5 million shares of the Company’s Class A”
Serina Therapeutics, Inc. incurred credit facility of $500,000 with Juvenescence Limited maturing February 14, 2024.
“On August 1, 2023, AgeX drew $500,000 of its credit available under the Secured Note as amended by the Fourth Amendment.”
Booz Allen Hamilton Holding Corp incurred senior notes of $650,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 5.950% maturing due 2033.
“On August 4, 2023, Booz Allen Hamilton Inc., a Delaware corporation (the “Company”) and a wholly-owned subsidiary of Booz Allen Hamilton Holding Corporation, a Delaware corporation (the “Parent Guarantor”), issued $650,000,000 aggregate principal amount of its 5.950% Senior Notes due 2033 (the “Notes”).”
NORTHERN OIL & GAS, INC. amended revolving credit of borrowing base will increase from $1.6 billion to $1.8 billion and the elected commitment amount will increase from $1.0 with Wells Fargo Bank, N.A., as administrative agent and collateral agent, and the lenders from time to time party thereto.
“(the “Company”) entered into an amendment (the “Credit Agreement Amendment”) to its Third Amended and Restated Credit Agreement, dated June 7, 2022, governing the Company’s revolving credit facility with Wells Fargo Bank, N.A., as administrative agent and collateral agent, and the lenders from time to time party thereto.”
HALLADOR ENERGY CO incurred revolving credit of $75 million with PNC Bank National Association at SOFR plus 4.00% to SOFR plus 5.00%, depending on the leverage ratio maturing July 31, 2026.
“On August 2, 2023, Hallador Energy Company (the "Company") executed an amendment to its credit agreement with PNC Bank National Association, as administrative agent for its lenders. The primary purpose of this amendment was to (i) convert $65 million of the outstanding funded debt into a new term loan with a maturity of March 31, 2026, and (ii) enter into a revolver of $75 million with a maturity of July 31, 2026.”
HALLADOR ENERGY CO incurred term loan of $65 million with PNC Bank National Association at SOFR plus 4.00% to SOFR plus 5.00%, depending on the leverage ratio maturing March 31, 2026.
“convert $65 million of the outstanding funded debt into a new term loan with a maturity of March 31, 2026”
Global Star Acquisition Inc. incurred loan of $1,600,000 with Global Star Acquisition 1 LLC maturing the later of: (i) December 31, 2023, or (ii) the date on which the Company consummates a business combination.
“On July 31, 2023, Global Star Acquisition Inc. (the “Company”), a Delaware corporation issued a promissory note (the “Note”) in the principal amount of $1,600,000 to Global Star Acquisition 1 LLC (the “Sponsor”).”
DIH HOLDING US, INC. incurred loan of $810,000 with ATAC Sponsor LLC at bears no interest maturing upon the earlier of (a) the date of the consummation of the Company’s initial business combination, or (b) the date of the Company’s liquidation.
“On July 31, 2023, the Company issued an unsecured promissory note to ATAC Sponsor LLC, sponsor of the Company (the “Sponsor”), with a principal amount equal to $810,000 (the “Extension Note”). The Extension Note bears no interest and is repayable in full (subject to amendment or waiver) upon the earlier of (a) the date of the consummation of the Company’s initial business combination, or (b) the date of the Company’s liquidation.”
Blue Owl Technology Income Corp. amended credit facility of $750,000,000 with Goldman Sachs Bank USA.
“The Amendment (i) decreased the Maximum Facility Amount under the Credit Agreement from $1,000,000,000 to $750,000,000”
ADT Inc. incurred revolving credit of up to $300,000,000 with Mizuho Bank, Ltd. at term SOFR (plus a credit adjustment spread of 0.1%) plus 1.0% maturing initial revolving period of one year...followed by an amortization period of 300 months to maturity.
“the Receivables Financing Agreement, among other things, provides for an uncommitted revolving loan facility in the aggregate principal amount of up to $300,000,000”
Greenwave Technology Solutions, Inc. incurred senior notes of approximately $15,000,000 with certain institutional investors at 18% per annum maturing July 31, 2025.
“On July 31, 2023, Greenwave Technology Solutions, Inc. (the “Company”) entered into a Purchase Agreement (the “Purchase Agreement”) with certain institutional investors as purchasers (the “Investors”). Pursuant to the Purchase Agreement, the Company sold, and the Investors purchased, approximately $15,000,000”
X4 Pharmaceuticals, Inc amended credit facility of aggregate maximum borrowings of up to $115.0 million with Hercules Capital, Inc., as agent and lender, and Hercules Capital Funding IV LLC and Hercules Capital Funding Trust 2022-1, as lenders at greater of (i) 10.15% or (ii) 3.15% plus the Wall Street Journal prime rate maturing October 1, 2026; provided, however , such maturity date will be extended to July 1, 2027 if the Amortization Date is extended.
“the Amendment upsizes the Company’s existing facilities and provides for a term loan facility of up to $115.0 million, including: (i) the $32.5 million Conversion Balance, which was deemed borrowed upon entering into the Amendment, (ii) a $22.5 million tranche, which the Company drew on the Closing Date of the Amendment”
ARES CAPITAL CORP incurred senior notes of $600,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association, as successor in interest to U.S. Bank National Association at 7.000% per year payable semiannually maturing January 15, 2027.
“On August 3, 2023, Ares Capital Corporation (the “Company”) and U.S. Bank Trust Company, National Association, as successor in interest to U.S. Bank National Association (the “Trustee”), entered into a Seventeenth Supplemental Indenture (the “Seventeenth Supplemental Indenture”) to the Indenture, dated October 21, 2010, between the Company and the Trustee (the “Indenture”). The Seventeenth Supplemental Indenture relates to the Company’s issuance, offer and sale of $600,000,000 aggregate principal amount of its 7.000% notes due 2027 (the “Notes”).”
ONCOR ELECTRIC DELIVERY CO LLC incurred revolving credit of $135 million aggregate principal amount was borrowed under the AR Facility with MUFG Bank, Ltd. at SOFR calculated based on term SOFR for a one-month interest period, plus 0.10% maturing April 28, 2026.
“On July 28, 2023, $135 million aggregate principal amount was borrowed under the AR Facility.”
NORFOLK SOUTHERN CORP incurred senior notes of $600,000,000 aggregate principal amount of its 5.050% Senior Notes due 2030 and $1,000,000,000 aggregate principal amoun with BofA Securities, Inc., Morgan Stanley & Co. LLC and Wells Fargo Securities, LLC as representatives of the several underwriters at 5.050% per annum for the 2030 Notes and 5.350% per annum for the 2054 Notes maturing 2030 Notes due 2030 and 2054 Notes due 2054.
“On August 2, 2023, Norfolk Southern Corporation (the “Registrant”) completed its offering of $600,000,000 aggregate principal amount of its 5.050% Senior Notes due 2030 (the “2030 Notes”) and $1,000,000,000 aggregate principal amount of its 5.350% Senior Notes due 2054 (the “2054 Notes” and, together with the 2030 Notes, the “Notes”) pursuant to an Underwriting Agreement, dated July 31, 2023”
Focus Impact BH3 Acquisition Co incurred loan of $175,440.72 with Crixus BH3 Sponsor LLC at non-interest bearing.
“On July 31, 2023, pursuant to and in accordance with the Amended and Restated Certificate of Incorporation (as amended, the “ Charter ”) of Crixus BH3 Acquisition Company (the “ Company ”), the Company’s sponsor, Crixus BH3 Sponsor LLC (the “ Sponsor ”), has provided the Company with a 30 day extension notice (the “ Extension Notice ”) relating to the date by which the Company must complete an initial business combination (the “ Termination Date ”).”
Concentrix Corp incurred senior notes of $800,000,000 aggregate principal amount of 6.650% Senior Notes due 2026, $800,000,000 aggregate principal amount of 6.60 with U.S. Bank Trust Company, National Association at 6.650% per annum for the 2026 Notes, 6.600% per annum for the 2028 Notes and 6.8 maturing 2026, 2028 and 2033, respectively.
“On August 2, 2023, Concentrix Corporation (“Concentrix” or the “Company”) issued and sold (i) $800,000,000 aggregate principal amount of 6.650% Senior Notes due 2026 (the “2026 Notes”), (ii) $800,000,000 aggregate principal amount of 6.600% Senior Notes due 2028 (the “2028 Notes”) and (iii) $550,000,000 aggregate principal amount of 6.850% Senior Notes due 2033 (the “2033 Notes” and, together with the 2026 Notes and 2028 Notes, the “Notes,” and such offering, the “Notes Offering”).”
CAPITAL SOUTHWEST CORP amended revolving credit of $435 million with ING Capital LLC maturing August 1, 2028.
“The Credit Agreement: (1) increased commitments under the Credit Facility from $400 million to $435 million; (2) added an uncommitted accordion feature that could increase the maximum commitments up to $750 million; (3) extended the end of the Credit Facility's revolving period from from August 9, 2025 to August 1, 2027 and extended the final maturity August 9, 2026 to August 1, 2028;”
Granite Point Mortgage Trust Inc. amended mortgage with JPMorgan Chase Bank, National Association maturing July 28, 2025.
“On July 28, 2023, GP Commercial JPM LLC, a wholly owned subsidiary of Granite Point Mortgage Trust Inc., entered into an amendment (the “Amendment”) to that certain previously disclosed Master Repurchase and Securities Contract Agreement, dated as of December 3, 2015, with JPMorgan Chase Bank, National Association. The Amendment, among other things, extends the facility’s initial maturity date to July 28, 2025.”
Invitation Homes Inc. incurred senior notes of $350 million aggregate principal amount with U.S. Bank Trust Company, National Association at 5.500% per annum maturing August 15, 2033.
“The terms of the 2030 Notes are governed by an indenture, dated as of August 6, 2021 (the “Base Indenture”), by and among the Issuer, the Guarantors and U.S. Bank Trust Company, National Association (as successor to U.S. Bank National Association), as trustee (the “Trustee”), as supplemented by a fifth supplemental indenture, dated as of August 2, 2023 (the “Fifth Supplemental Indenture” and, together with the Base Indenture, the “2030 Notes Indenture”), by and among the Issuer, the Guarantors and the Trustee.”
Invitation Homes Inc. incurred senior notes of $450 million aggregate principal amount with U.S. Bank Trust Company, National Association at 5.450% per annum maturing August 15, 2030.
“closed an underwritten public offering of $450 million aggregate principal amount of its 5.450% Senior Notes due 2030”
Superior Drilling Products, Inc. incurred term loan of $1,719,200 with Vast Bank, National Association at 8.18% maturing July 28, 2028.
“- Term Loan: $1,719,200 term loan (the “Term Loan”), which matures on July 28, 2028.”
Superior Drilling Products, Inc. incurred revolving credit of $750,000 with Vast Bank, National Association at Prime plus 1.00% and (b) 7.50% maturing July 28, 2025.
“The Loan Agreement provides for loans through the following facilities (collectively, the “Loans”): - Revolving Line: The lesser of $750,000 or the borrowing base, which is as of a date is 50% of eligible inventory as calculated under the Loan Agreement (“Revolving Line”), which matures on July 28, 2025.”
CIVITAS RESOURCES, INC. amended credit facility of new cumulative Borrowing Base of $3,000,000,000 with JPMorgan Chase Bank, N.A., as the administrative agent maturing August 2, 2028.
“The Fourth Amendment amends the Credit Agreement to, among other things: (i) extend the maturity date to August 2, 2028, (ii) increase the Borrowing Base (as defined in the Credit Agreement) by $1,150,000,000 for a new cumulative Borrowing Base of $3,000,000,000, (iii) increase the aggregate elected commitments of the lenders under the Company’s existing credit facility by an additional $850,000,000, for a total increased facility size of $1,850,000,000 in aggregate elected commitments and (iv) increase the aggregate maximum credit amounts to a cumulative $4,000,000,000.”
Legacy Housing Corp incurred credit facility of $50 million credit facility with Prosperity Bank.
“On July 28, 2023, Legacy Housing Corporation (“Legacy” or the “Company”) and Prosperity Bank (“Prosperity”) entered into a Credit Agreement (the “Credit Agreement” or the “Agreement”). Pursuant to the Agreement, Prosperity will provide Legacy with a $50 million credit facility.”
LAMAR ADVERTISING CO/NEW amended revolving credit of $75.0 million swingline sublimit with JPMorgan Chase Bank, N.A. at not disclosed maturing July 31, 2028.
“The Amendment also establishes a $75.0 million swingline as a sublimit of the Revolving Facility, which allows Lamar Media to borrow revolving loans on a same-day basis, in an aggregate outstanding principal amount of up to $75.0 million.”
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.