New loans, notes, and credit facilities disclosed under 8-K Items 2.03/2.04.
Maverick Merger Sub 2, LLC amended senior notes of $600,000,000 with Computershare Trust Company, N.A. at 5.750% maturing 2031.
“(“HPC Insurance Agency”), entered into (i) the First Supplemental Indenture, dated as of August 1, 2023 (the “Nationstar 2027 Supplemental Indenture”), relating to Nationstar’s $600,000,000 6.000% Senior Notes due 2027, supplementing the Indenture, dated as of January 16, 2020, among Nationstar, the guarantors party thereto and Computershare Trust Company, N.A.”
Maverick Merger Sub 2, LLC amended senior notes of $650,000,000 with Computershare Trust Company, N.A. at 5.125% maturing 2030.
“First Supplemental Indenture, dated as of August 1, 2023 (the “Nationstar 2030 Supplemental Indenture”), relating to Nationstar’s $650,000,000 5.125% Senior Notes due 2030”
Maverick Merger Sub 2, LLC amended senior notes of $850,000,000 with Computershare Trust Company, N.A. at 5.500% maturing 2028.
“First Supplemental Indenture, dated as of August 1, 2023 (the “Nationstar 2028 Supplemental Indenture”), relating to Nationstar’s $850,000,000 5.500% Senior Notes due 2028”
Maverick Merger Sub 2, LLC amended senior notes of $600,000,000 with Computershare Trust Company, N.A. at 6.000% maturing 2027.
“First Supplemental Indenture, dated as of August 1, 2023 (the “Nationstar 2027 Supplemental Indenture”), relating to Nationstar’s $600,000,000 6.000% Senior Notes due 2027”
Maverick Merger Sub 2, LLC amended senior notes of $500.0 million with U.S. Bank Trust Company, National Association at 5.000% maturing February 1, 2026.
“Home Point Capital 5.000% Senior Notes due 2026 Following the completion of the Merger, there will remain outstanding $500.0 million aggregate principal amount of Home Point Capital Notes.”
ARES STRATEGIC INCOME FUND amended credit facility of from $725.0 million to $775.0 million with JPMorgan Chase Bank, N.A..
“The Commitment Increase Agreement increased the aggregate amount of the multicurrency commitments under the Credit Facility from $725.0 million to $775.0 million.”
ARES STRATEGIC INCOME FUND incurred revolving credit of $500 million with Société Générale maturing July 26, 2028.
“On July 26, 2023, Ares Strategic Income Fund (the “Fund”) entered into the Loan and Servicing Agreement (the “SG Funding Facility”), as equityholder and servicer, with ASIF Funding I, LLC, a wholly owned subsidiary of the Fund (the “Borrower”), as borrower, the lenders from time to time parties thereto, Société Générale, as agent, the collateral agent and collateral administrator party thereto, and the document custodian party thereto, that provides a facility amount of $500 million with a revolving period ending July 26, 2026 and a final maturity date of July 26, 2028.”
Atlas Energy Solutions Inc. incurred term loan.
“The disclosures of the material terms and conditions of the 2023 Term Loan Credit Agreement and the 2023 Term Loan Credit Facility contained in Item 1.01 above are hereby incorporated into this Item 2.03 by reference.”
Snail, Inc. incurred loan of up to the principal amount of $4,046,932 with Marbis GmbH.
“subject to the terms and conditions of the Cooperation Agreement, Marbis has agreed to grant to the Company funding up to the principal amount of $4,046,932, which includes the outstanding amount of $1,046,932 accrued in March 2023 through June 2023 the Company has not made payment of to Marbis in connection with leasing official servers for the functional hosting of Ark SE to the Company.”
Evolution Metals & Technologies Corp. incurred convertible notes of $84,000 with Welsbach Acquisition Holdings LLC (the Sponsor) at non-interest bearing maturing payable upon consummation of the Initial Business Combination or convertible into units.
“On July 30, 2023, the Company issued a promissory note (the “ Working Capital Note ”) in the principal amount of $84,000 to the Sponsor in exchange for cash. The Working Capital Note is a non-interest bearing, unsecured promissory note that will not be repaid in the event that the Company is unable to close an Initial Business Combination unless there are funds available outside the trust account to do so. Such Working Capital Note would either be paid upon consummation of the Initial Business Combination out of the proceeds of the Trust Account released to the Company or, at the Sponsor’s discretion, converted, in full or in part, upon consummation of the Initial Business Combination into additional private units at a price of $10.00 per unit.”
Evolution Metals & Technologies Corp. incurred convertible notes of Extension Payment with Welsbach Acquisition Holdings LLC (the Sponsor) at non-interest bearing maturing repayable upon closing of a business combination.
“upon the deposit by Welsbach Acquisition Holdings LLC (the “ Sponsor ”) or their affiliate or designee, into the trust account of $125,000 for each additional one month extension (the “ Extension Payment ”) in exchange for a non-interest bearing, unsecured promissory note, convertible at the option of the holder, in full or in part, into units at a price of $10.00 per unit, which units will be identical to the private placement units issued in connection with the initial public offering of the Company’s units and repayable upon closing of a business combination (the “ Extension Note ”). On July 30, 2023 the Company issued an Extension Note to the Sponsor in respect of an Extension Payment.”
Priority Technology Holdings, Inc. amended revolving credit of Additional Revolving Commitment in an aggregate principal amount of $25,000,000, $15,000,000 of which was available imme with Truist Bank at Not specified maturing Not specified.
“Third Amendment amended the Credit Agreement to, among other things, provide for additional revolving commitments under the Credit Agreement in an aggregate principal amount of $25,000,000 (the “ Additional Revolving Commitment ”), $15,000,000 of which was available immediately upon effectiveness of the Third Amendment. In connection with the consummation of the”
Paycom Software, Inc. amended revolving credit of Increased from $650.0 million to $1.0 billion with JPMorgan Chase Bank, N.A. at Not specified in excerpt maturing Not specified in excerpt.
“On July 28, 2023, the Loan Parties and the Lenders entered into Amendment No. 2 to the Credit Agreement (“ Amendment No. 2 ”), pursuant to which, among other things, (i) the aggregate revolving commitments under the Revolving Credit Facility were increased from $650.0 million to $1.0 billion, (ii) the Term Loan Facility was terminated and (iii) the Credit Agreement was amended in contemplation of the formation and future operating activities of Paycom Client Trust (the “ Client Trust ”) and Paycom National Trust Bank, NA (the “ Trust Bank ”).”
Braemar Hotels & Resorts Inc. incurred credit facility of $200 million with Bank of America, N.A. (as administrative agent) and the lenders party thereto at Daily SOFR or Term SOFR plus 10 basis points (with a 0% floor) plus the applicab maturing three-year.
“The Credit Agreement evidences a $200 million senior secured credit facility (the “Facility”) comprised of a senior secured term loan facility of $150 million (the “Term Loan Facility”) and a senior secured revolving credit facility of $50 million (the “Revolving Credit Facility”).”
Uber Technologies, Inc amended revolving credit of $250,000,000 with Mizuho Bank Ltd. maturing the Amended Revolving Credit Agreement is $2.485 billion.
“The Joinder Agreement, among other things, increases the available commitments under the Amended Revolving Credit Agreement by an aggregate principal amount of $250,000,000”
Amplify Energy Corp. amended revolving credit of $150 million with Keybanc Capital Markets Inc., Cadence Bank, N.A. and Citizens Bank, N.A. at adjusted SOFR plus applicable margin ranging from 2.00% to 3.00% for adjusted ba maturing July 31, 2027.
“The aggregate principal amount of loans outstanding under the New Credit Facility as of July 31, 2023, was $120 million. The initial borrowing base under the facility is $150 million with elected commitments of $135 million, and, consistent with the prior Revolving Credit Facility, the New Credit Facility borrowing base will be redetermined on a semi-annual”
DAYBREAK OIL & GAS, INC. incurred loan of $60,000.00 with James F. Westmoreland at no interest maturing July 27, 2024.
“Note (the “Agreement”) with James F. Westmoreland, the Company’s Chairman, President and Chief Executive Officer. As Consideration for the aggregate principal amount of $60,000.00 (the “Note”) The Note has a maturity date of July 27, 2024, and carries no interest, fees or penalties. The Company may prepay the Note at any time. The Agreement and the Note”
PPG INDUSTRIES INC incurred credit facility of $2.3 billion unsecured revolving credit facility with several banks and financial institutions party thereto; JPMorgan Chase Bank, N.A., as administrative agent; JPMorgan Chase Bank, N.A., PNC Capital Markets LLC, BNP Paribas Securities Corp, and Citibank, N.A. as joint lead arrangers and joint bookrunners; PNC Bank, National Association, BNP Paribas, at The Credit Agreement provides that loans denominated in U.S. Dollars will bear i maturing The Credit Agreement will terminate and all amounts outstanding thereunder will be due and payable on July 27, 2028; although, under circumstances specified in.
“The Credit Agreement amends and restates the Company’s existing Amended and Restated Five Year Credit Agreement dated as of August 30, 2019. The Credit Agreement provides for a $2.3 billion unsecured revolving credit facility. The Company has the ability to increase the size of the credit facility provided by the Credit Agreement by up to an additional $750 million,”
PITNEY BOWES INC /DE/ incurred senior notes of $275,000,000 with funds managed by Oaktree Capital Management, L.P. at term SOFR rate, plus a margin of 6.90% maturing March 19, 2028.
“The Note Purchase Agreement provides for the private issuance of senior secured notes in an aggregate principal amount of $275,000,000 (the “Senior Secured Notes”).”
AEMETIS, INC incurred credit facility of not to exceed $25 million with Magnolia Bank, Incorporated at 8.75% per annum to be adjusted every five years thereafter to be equal to the fi maturing July 28, 2043.
“Lender has made available an aggregate principal amount not to exceed $25 million”
CONAGRA BRANDS INC. incurred senior notes of $500,000,000 at 5.300% maturing 2026-10-01.
“On July 17, 2023, Conagra Brands, Inc. (the “Company”) agreed to sell $500,000,000 aggregate principal amount of its 5.300% Senior Notes due 2026 (the “Notes”)”
New Mountain Guardian IV BDC, L.L.C. amended credit facility of $111,128,875 with BMO Harris Bank N.A..
“the Amount of Maximum Credit (as defined therein) available under the Loan Agreement was increased to a maximum of $111,128,875, instead of a maximum of $95,999,750 in effect prior to the Amendment.”
PetVivo Holdings, Inc. incurred convertible notes of $550,000 with three accredited investors at 10% per annum maturing January 26, 2024.
“On July 27, 2023, PetVivo Holdings, Inc. (the “Company”) issued convertible promissory notes (“Convertible Notes”) in the aggregate amount of $550,000 to three accredited investors pursuant to debenture subscription agreements (“Debenture Subscription Agreement”). The Convertible Notes mature on January 26, 2024 (the “Maturity Date”), bear interest at a rate of 10% per annum and automatically convert into shares of the Company’s common stock which are restricted under Rule 144 of the Securities Act of 1933, as amended, on the earlier of (i) the Maturity Date or (ii) upon the occurrence of certain events prior to the Maturity Date, including, without limitation, a Qualified Financing, Sale or Public Offering (as such terms are defined in the Convertible Notes).”
MARIZYME, INC. reported a default on convertible notes of $21,871,631 at 10%.
“Due to the non-repayment of the initial principal amount of $1,000,000 under the Walleye Note by the Maturity Date, the Company also defaulted under the Convertible Notes on the same date. The Convertible Notes provide that due to this default, the Company became obligated to pay 135% of the outstanding principal amount under each of the Convertible Notes on the date on which the default occurred (the "Mandatory Default Amount"). The Mandatory Default Amount may be declared due by each holder immediately. The aggregate Mandatory Default Amount that may be due under the Convertible Notes was $21,871,631 on the date of the default, or approximately $5.3 million more than would otherwise have been due under the Convertible Notes on the date of the default.”
MARIZYME, INC. reported a default on convertible notes of $1,250,000 with Walleye Opportunities Master Fund Ltd at bears no interest maturing May 7, 2023.
“As of the Maturity Date, the balance under the Walleye Note was not repaid or otherwise satisfied in full. The principal amount of the Walleye Note therefore increased from $1,000,000 to $1,250,000. The number of Warrant Shares was also increased accordingly; however, the Public Offering Registration Statement was withdrawn as of April 21, 2023. Due to the non-payment, the obligations of the Company under the Walleye Note became subject to immediate repayment obligations.”
CONNS INC incurred term loan of $50.0 million with Stephens Investments Holdings LLC at Term SOFR Rate, subject to a 5.00% floor, plus a margin of 10.00% maturing May 22, 2026.
“Entered into a delayed draw term loan and security agreement (the “Term Loan Agreement”) with Stephens Investments Holdings LLC (“Stephens Investments”) and Stephens Group, LLC and the other lenders party thereto from time to time (the “Lenders”), and Stephens Investments, as administrative agent. The Term Loan Agreement provides for an aggregate commitment of $50.0 million”
BEACON ROOFING SUPPLY INC incurred senior notes of $600.0 million with qualified institutional buyers and non-U.S. persons at 6.500% maturing August 1, 2030.
“On July 31, 2023 (the “Closing Date”), Beacon Roofing Supply, Inc., a Delaware corporation (the “Company”), completed the previously announced private offering of $600.0 million aggregate principal amount of its 6.500% Senior Secured Notes due 2030 (the “Notes”) at an issue price of 100%.”
TITAN PHARMACEUTICALS INC incurred loan of $250,000 with David E. Lazar at the Prime Rate + 2.00% per annum maturing the earlier of January 1, 2024 or such time as the Company receives debt or equity financing, or proceeds in excess of $500,000 from the Company’s transaction w.
“On July 20, 2023, the Company received $250,000 in funding in exchange for the issuance of an unsecured promissory note for that principal amount (the “Promissory Note”) to David E. Lazar, the Company’s Chief Executive Officer and chairman of the Company’s Board of Directors. Pursuant to the Promissory Note, the principal amount will accrue interest at a rate of the Prime Rate + 2.00% per annum, and all principal and accrued interest will be due and payable on the earlier of January 1, 2024 or such time as the Company receives debt or equity financing, or proceeds in excess of $500,000 from the Company’s transaction with Fedson, Inc. described above.”
ACURA PHARMACEUTICALS, INC incurred loan of $250,000 with Abuse Deterrent Pharma, LLC at 5.25% maturing December 31, 2023.
“On July 28, 2023 we received a $250,000 loan from Abuse Deterrent Pharma, LLC ("AD Pharma").”
FRANKLIN RESOURCES INC incurred revolving credit of $800,000,000 with Bank of America, N.A. (as administrative agent) and the lenders at Term SOFR plus an applicable margin ranging from 0.625% to 1.25% maturing five years from the Closing Date.
“given to them in the New Revolving Credit Agreement. The New Revolving Credit Agreement provides for a five-year revolving credit facility (the “Revolving Credit Facility”) with $800,000,000 of aggregate commitments and, as of the Closing Date, there were no amounts outstanding under the New Revolving Credit Agreement. Amounts outstanding under the New Revolving”
Roth CH Acquisition V Co. incurred loan of up to $750,000 at no interest rate maturing the earlier of the Business Combination or liquidation.
“On July 26, 2023, the Company issued an unsecured promissory note in the aggregate principal amount of up to $750,000 (the "Note") to individuals or entities listed on the Note (the "Payees").”
Clover Leaf Capital Corp. incurred loan of up to $300,000 with Yntegra Capital Investments, LLC at non-interest bearing maturing upon the earlier of (i) completion of the Initial Business Combination or (ii) the date the winding up of the Company is effective.
“On July 24, 2023, the Company issued a promissory note (the “ Working Capital Note ”) in the principal amount of up to $300,000 to the Sponsor. The Working Capital Note was issued in connection with advances the Sponsor may make in the future to the Company for working capital expenses. The loan is non-interest bearing and payable upon the earlier of (i) completion of the Initial Business Combination or (ii) the date the winding up of the Company is effective.”
Clover Leaf Capital Corp. incurred loan of up to $360,000 with Yntegra Capital Investments, LLC at 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 liquidation of the Company.
“On July 24, 2023, the Company issued a promissory note (the “ Extension Note ”) in the aggregate principal amount of up to $360,000 to Yntegra Capital Investments, LLC (the “ Sponsor ”), pursuant to which the Sponsor agreed to loan to the Company up to $360,000 to deposit into the Company’s trust account (the “ Trust Account ”) for the Company’s Class A common stock, par value $0.0001, held by the Company’s public stockholders (the “ Public Shares ”) that were not redeemed in connection with the Extension Amendment.”
Constellation Acquisition Corp I incurred loan of $150,000 with Constellation Sponsor LP at does not bear interest maturing upon closing of the Company’s initial business combination.
“On July 28, 2023, Constellation Acquisition Corp I (the "Company") drew an aggregate of $150,000 (the "Extension Funds"), as approved by unanimous director resolution, dated July 27, 2023, pursuant to the unsecured promissory note, dated January 30, 2023 between the Company and Constellation Sponsor LP (the "Note")”
AppHarvest, Inc. amended credit facility of $2,000,000, $6,000,000, $4 million, and the remaining balance with Equilibrium at 12.0% (referenced from DIP Credit Agreement, unchanged) maturing same as DIP Credit Agreement, referenced.
“shall be made available in multiple draws over the term of the DIP Facility. Pursuant to the terms and conditions of the Amended DIP Credit Agreement, the Lender advanced $2,000,000 to the Company on July 26, 2023 and shall advance an additional $6,000,000 upon the satisfaction of certain terms in the Amended DIP Credit Agreement (such advances, collectively,”
Blue Star Foods Corp. incurred convertible notes of $300,000 with Lind Global Fund II LP at interest free maturing two-year.
“the Company issued to the Investor a secured, two-year, interest free convertible promissory note in the principal amount of $300,000 (the “Note”)”
Aditxt, Inc. incurred loan of $2,625,000 with an accredited investor at Not stated maturing December 31, 2023.
“On July 24, 2023, Aditxt, Inc. (the “ Company ”) entered into a Securities Purchase Agreement (the “ Securities Purchase Agreement ”) with an accredited investor pursuant to which the Company issued and sold a secured promissory note in the principal amount of $2,625,000 (the “ Note ”) resulting in gross proceeds to the Company of $1,750,000.”
Bantec, Inc. incurred loan of $90,400 principal amount, including an original issue discount of $10,400.00 with 1800 Diagonal Lending LLC at 14% interest charge of $12,565.00, and default interest at 22% per annum maturing May 15, 2024.
“On July 17, 2023, Bantec, Inc. (the “Company”) entered into the Securities Purchase Agreement (the “Agreement”) with 1800 Diagonal Lending LLC (“Lender”), pursuant to which the Company issued a promissory note (the “Note”) to the Lender in the principal amount of $90,400, including an original issue discount of $10,400.00.”
Ondas Inc. incurred convertible notes of $11.5 million with selected institutional investors at 3% maturing July 25, 2025.
“On July 24, 2023, pursuant to the terms of the SPA, an Investor elected to purchase 3% Series B-2 Senior Convertible Notes in the aggregate original principal amount of $11.5 million”
TopBuild Corp incurred term loan of $550.0 million with Bank of America, N.A. at Term SOFR or the Base Rate plus an applicable rate ranging from 1.50% to 3.00% f maturing October 7, 2026.
“The Amendment, among other things, (i) increases the Permitted Increase Amount (as defined in the Credit Agreement) from $300.0 million to $850.0 million and (ii) provides for a new $550.0 million delayed draw term loan facility (the “Delayed Draw Term Loan”), the proceeds of which will be used, in part, to finance the Transaction (as defined below), including the payment of related fees and expenses.”
Crescent Capital BDC, Inc. incurred senior notes of $50 million with Qualified Institutional Investors at 7.54% maturing July 28, 2026.
“On July 28, 2023, Crescent Capital BDC, Inc., a Maryland corporation (the “ Company ”) issued approximately $50 million in aggregate principal amount of 7.54% senior unsecured notes due July 28, 2026 (the “ Series 2023A Notes ”)”
TXNM ENERGY INC incurred senior notes of $55,000,000 aggregate principal amount at 5.47% per annum maturing July 28, 2053.
“On July 28, 2023, PNM Resources, Inc.’s indirect wholly-owned subsidiary, Texas-New Mexico Power Company (“TNMP”), issued $55,000,000 aggregate principal amount of its 5.47% First Mortgage Bonds, due July 28, 2053, Series 2023B (the “Series 2023B Bonds”) in a private placement”
HEICO CORP incurred senior notes of $600,000,000 with Truist Bank at 5.350% maturing August 1, 2033.
“$600,000,000 principal amount of the Company’s 5.350% Senior Notes due 2033 (the "2033 Notes"”
HEICO CORP incurred senior notes of $600,000,000 with Truist Bank at 5.250% maturing August 1, 2028.
“$600,000,000 principal amount of the Company’s 5.250% Senior Notes due 2028 (the "2028 Notes")”
Kiromic Biopharma, Inc. incurred convertible notes of $2,400,000 at 25% per annum maturing July 25, 2024.
“On July 25, 2023, Kiromic BioPharma, Inc. (the “Company”) issued a 25% Senior Secured Convertible Promissory Note (the “Note”) to an accredited investor. The Note has a principal amount of $2,400,000, bears interest at a rate of 25% per annum (the “Stated Rate”) and matures on July 25, 2024 (the “Maturity Date”), on which the principal balance and accrued but unpaid interest under the Note shall be due and payable.”
ChargePoint Holdings, Inc. incurred revolving credit of up to $150 million with JPMorgan Chase Bank, N.A. as administrative agent at Adjusted Term SOFR Rate plus a rate per annum of 2.75% maturing January 1, 2027.
“On July 27, 2023, ChargePoint Holdings, Inc. (the “Company”) entered into a Revolving Credit Agreement (the “Credit Agreement”) by and among the Company, ChargePoint, Inc., a wholly owned subsidiary of the Company, as borrower (the “Borrower”), certain subsidiaries of the Company, as guarantors (the “Subsidiary Guarantors”), the lender parties thereto and JPMorgan Chase Bank, N.A., as administrative agent (“JPMorgan”), providing for a senior secured revolving credit facility in an initial aggregate principal amount of up to $150 million with a maturity date of January 1, 2027”
Enova International, Inc. incurred senior notes of $227.1 million initial principal amount with Deutsche Bank Trust Company Americas at weighted average fixed interest coupon of 7.66% per annum maturing August 2030.
“On July 27, 2023, OnDeck Asset Securitization IV, LLC (“ ODAS IV ”), a wholly-owned indirect subsidiary of Enova International, Inc. (the “ Company ”), issued $227.1 million initial principal amount of Fixed-Rate Asset Backed Notes (the “ Series 2023-1 Notes ”) in a securitization transaction (the “ Series 2023-1 Transaction ” and such series, the “ 2023-1 Series ” ).”
Zoomcar Holdings, Inc. incurred loan of up to $180,000 with Innovative International Sponsor I LLC at bears no interest maturing the date on which the Company consummates an initial business combination.
“The Company has issued a promissory note in favor of the Sponsor (the “Note”) in the principal amount of up to $180,000 for expenses to be accrued in connection with up to two of the three contemplated monthly extensions.”
Beachbody Company, Inc. amended credit facility of $50.0 million with Blue Torch Finance, LLC maturing February 8, 2026.
“time to time and Blue Torch, as collateral agent and as administrative agent, which provided for a senior secured term loan facility in an original aggregate principal amount of $50.0 million (the “Credit Facility”). The Second Amendment, among other things, amends certain terms of the Financing Agreement, including without limitation, to (i) amend the minimum revenue”
Postal Realty Trust, Inc. incurred term loan of $10.0 million with Bank of Montreal maturing February 2028.
“on a delayed-draw basis, $10.0 million of accordion under the term loan maturing in February 2028”
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.