New loans, notes, and credit facilities disclosed under 8-K Items 2.03/2.04.
GLOBAL PARTNERS LP amended credit facility at increase the Applicable Revolver Rate on borrowings by 25 basis points maturing May 2, 2026.
“The Ninth Amendment amends certain terms and provisions of the Existing Credit Agreement to, among other things, increase the Applicable Revolver Rate on borrowings by 25 basis points, and extend the maturity date from May 6, 2024 to May 2, 2026.”
CONSUMER PORTFOLIO SERVICES, INC. incurred debt of $332.9 million with CPS Auto Receivables Trust 2023-B at See table: Class A 5.91%, Class B 5.38%, Class C 6.04%, Class D 6.34%, Class E 1 maturing Not specified.
“series of agreements under which Subsidiary purchased from CPS, and sold to CPS Auto Receivables Trust 2023-B (the "Trust"), approximately $369.9 million of subprime automotive receivables (the "Receivables").”
PAR PACIFIC HOLDINGS, INC. incurred revolving credit of $150 million with Wells Fargo Bank, National Association maturing five years after the Closing Date.
“Association, as joint lead arrangers and joint bookrunners, providing for a senior secured asset-based revolving credit facility in an aggregate principal amount of up to $150 million (the “Initial Facility”) plus, subject to certain conditions set forth therein, commitments to increase the Initial Facility in an aggregate principal amount of up to $450”
CVS HEALTH Corp incurred term loan of $5.0 billion with Barclays Bank PLC at term SOFR or the base rate, plus, in each case, an applicable margin maturing April 30, 2024.
“On May 1, 2023, CVS Health Corporation, a Delaware corporation (“CVS Health”) entered into a 364-Day Term Loan Agreement (the “Term Loan Agreement”) with the lenders party thereto and Barclays Bank PLC, as administrative agent. The Term Loan Agreement provides for total term loan commitments in an aggregate principal amount of $5.0 billion.”
ALSP Orchid Acquisition Corp I incurred loan of $350,000 with ALSP Orchid Sponsor LLC at 4.8% per annum maturing the earliest to occur of (i) the date on which the Company consummates an initial business combination or (ii) the date that the winding up of the Company is ef.
“On April 28, 2023, ALSP Orchid Acquisition Corporation I, a Cayman Islands exempted company (the “Company”) issued an unsecured promissory note (the “Note”) in the principal amount of $350,000 to ALSP Orchid Sponsor LLC”
American Oncology Network, Inc. incurred loan of up to $700,000 with Digital Transformation Sponsor LLC at no interest 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.
“LLC (the “Sponsor”) entered into a promissory note with Digital Transformation Opportunities Corp. (“DTOC” or the “Company”), providing for an aggregate amount of loans up to $700,000 to fund the Company’s operating expenses (the “Working Capital Facility”). The Working Capital Facility bears no interest and all unpaid principal under the Working Capital”
Golden Falcon Acquisition Corp. incurred loan of up to $2,000,000 with Golden Falcon Sponsor Group, LLC at does not bear interest maturing the date on which the Company consummates its initial business combination.
“On May 1, 2023, Golden Falcon Acquisition Corp. (the “Company”) issued an unsecured promissory note (the “Note”) in the principal amount of up to $2,000,000 to Golden Falcon Sponsor Group, LLC (the “Sponsor”)”
26 Capital Acquisition Corp. incurred convertible notes of $4,000,000 with 26 Capital Holdings LLC at does not bear interest maturing the earlier of (a) the Pre-Closing Satisfaction Date and (b) the date that the winding up of the Company is effective.
“On April 28, 2023, the Company borrowed the full $4,000,000 available to it under the Convertible Note.”
AGILITI, INC. \DE incurred term loan of $1,075,000,000 with JPMorgan Chase Bank, N.A., as administrative agent and collateral agent at Term SOFR plus 3.00% maturing May 1, 2030.
“The A&R First Lien Credit Agreement, among other things (i) provides for a refinancing of the existing term loan credit facility with a $1,075,000,000 term loan credit facility (the "Term Loan Credit Facility"), (ii) extends the maturity of the Term Loan Credit Facility to May 1, 2030; and (iii) updates the benchmark interest rate provisions to replace the London interbank offered rate (LIBOR) with a term rate based on the Secured Overnight Financing Rate ("Term SOFR"), for term loans extended in dollars. Following the A&R First Lien Credit Agreement, the interest rate margin for the term loan borrowings under the Term Loan Credit Facility will be set at Term SOFR plus 3.00%.”
LINDBLAD EXPEDITIONS HOLDINGS, INC. incurred senior notes of $275,000,000 aggregate principal amount with Wilmington Trust, National Association at 9.000% per year maturing 2028-05-15.
“On May 2, 2023, Lindblad Expeditions Holdings, Inc. (the “Issuer”), entered into an Indenture, dated as of May 2, 2023 (the “Indenture”), among the Issuer, each of the guarantors named therein and Wilmington Trust, National Association, as trustee and collateral agent, governing the terms of the Issuer’s $275,000,000 aggregate principal amount of 9.000% Senior Secured Notes due 2028 (the “Notes”).”
InfuSystem Holdings, Inc amended credit facility with JPMorgan Chase Bank, N.A., as administrative agent at the replacement of LIBOR with Term SOFR as a benchmark interest rate maturing April 26, 2028.
“On April 26, 2023, InfuSystem Holdings, Inc. (the “Company”) together with its direct and indirect subsidiaries (collectively, the “Borrowers”), entered into a First Amendment to Credit Agreement (the "Amendment") with JPMorgan Chase Bank, N.A., as administrative agent (the “Administrative Agent”) , and the lenders party thereto, which amended the Credit Agreement, dated as of February 5, 2021 (as amended by the Amendment, the “Credit Agreement”) among the Borrowers, the other loan parties party thereto, the lenders party thereto, and the Administrative Agent, providing for, among other things: (i) an extension of the maturity date for the Credit Agreement to April 26, 2028, (ii) the replacement of LIBOR with Term SOFR as a benchmark interest rate, and (iii) an increase of the maximum dollar amount of incremental revolving loans to $35 million.”
NCL CORP Ltd. amended credit facility of combined commitments under such facilities by approximately €1.7 billion with Leonardo Six, Ltd..
“nd effective as of April 28, 2023, among Leonardo Six, Ltd., an indirect subsidiary of NCLC, as borrower, NCLC, as guarantor, NCLI, as shareholder, NCLH, the lenders party thereto, Crédit Agricole Corporate and Investment Bank, BNP Paribas”
NCL CORP Ltd. amended credit facility of combined commitments under such facilities by approximately €1.7 billion with Leonardo Five, Ltd. at implementation of SOFR in substitution for LIBOR as a reference rate.
“nd effective as of April 28, 2023, among Leonardo Five, Ltd., an indirect subsidiary of NCLC, as borrower, NCLC, as guarantor, NCLI, as shareholder, NCLH, the lenders party thereto, Crédit Agricole Corporate and Investment Bank, BNP Paribas”
NCL CORP Ltd. amended credit facility of combined commitments under such facilities by approximately €1.7 billion with Leonardo Four, Ltd..
“nd effective as of April 28, 2023, among Leonardo Four, Ltd., an indirect subsidiary of NCLC, as borrower, NCLC, as guarantor,”
NCL CORP Ltd. amended credit facility of combined commitments under such facilities by approximately €1.7 billion with Leonardo Three, Ltd..
“pril 6, 2023 and effective as of April 28, 2023, among Leonardo Three, Ltd., an indirect subsidiary of NCLC, as borrower, NCLC, as guarantor, NCL International, Ltd.”
NovAccess Global Inc. incurred convertible notes of $54,250 with 1800 Diagonal Lending LLC at 8% maturing April 24, 2024.
“issued a convertible promissory note in the original principal amount of $54,250”
DAVITA INC. incurred revolving credit of up to $1.5 billion with Wells Fargo Bank, National Association at Term SOFR, plus the Applicable Margin and plus the Term SOFR Adjustment maturing five years from the closing date.
“The Third Amendment provides for (i) a new five-year secured term loan A facility in an aggregate principal amount of up to $1.25 billion (the "New A-1 Term Facility") to refinance amounts outstanding under the Company's prior $1.75 billion secured term loan A facility maturing in August 2024 (the "Prior Term A Facility") and (ii) a new five-year secured revolving credit facility in an aggregate principal amount of up to $1.5 billion (the "New Revolving Facility" and, together with the New A-1 Term Facility, the "New Facilities") to refinance amounts outstanding under the Company's prior $1.0 billion secured revolving credit facility maturing in August 2024 (the "Prior Revolving Facility").”
DAVITA INC. incurred term loan of up to $1.25 billion with Wells Fargo Bank, National Association at Term SOFR, plus the Applicable Margin and plus the Term SOFR Adjustment maturing five years from the closing date.
“The Third Amendment provides for (i) a new five-year secured term loan A facility in an aggregate principal amount of up to $1.25 billion (the "New A-1 Term Facility") to refinance amounts outstanding under the Company's prior $1.75 billion secured term loan A facility maturing in August 2024 (the "Prior Term A Facility") and (ii) a new five-year secured revolving credit facility in an aggregate principal amount of up to $1.5 billion (the "New Revolving Facility" and, together with the New A-1 Term Facility, the "New Facilities") to refinance amounts outstanding under the Company's prior $1.0 billion secured revolving credit facility maturing in August 2024 (the "Prior Revolving Facility").”
SHERWIN WILLIAMS CO amended credit facility of $125,000,000 of the commitments with Citicorp USA, Inc. (as administrative agent and issuing bank) and the lenders party thereto maturing June 20, 2028.
“The primary purpose of Amendment No. 19 is to extend the maturity of $125,000,000 of the commitments available for borrowing and obtaining the issuance, renewal, extension and increase of a letter of credit from June 20, 2023 to June 20, 2028.”
CENTERSPACE incurred loan of $90,000,000 with State Farm Life Insurance Company at 5.04% per annum maturing May 1, 2035.
“On April 26, 2023 CSR – PARKHOUSE, LLC (the “Borrower”), an indirect subsidiary of Centerspace (the“Company”) entered into a Promissory Note (the “Note”) under which the Borrower promises to pay State Farm Life Insurance Company (the “Lender”) the principal sum of $90,000,000 (“Principal”) together with interest on the unpaid Principal balance outstanding from the date of disbursement until paid at the rate of 5.04% per annum computed on the basis of a 360-day year.”
Core Laboratories Inc. /DE/ incurred senior notes.
“Pursuant to the Transaction, as of May 1, 2023, Core Lab Delaware assumed Core Lab N.V.’s obligations under the Eighth Amended and Restated Credit Agreement, as amended, and outstanding notes, including the 2011 Senior Notes and the 2021 Senior Notes, and certain other obligations and liabilities of Core Lab N.V. have been transferred to Core Lab Delaware.”
Core Laboratories Inc. /DE/ incurred credit facility.
“Pursuant to the Transaction, as of May 1, 2023, Core Lab Delaware assumed Core Lab N.V.’s obligations under the Eighth Amended and Restated Credit Agreement, as amended, and outstanding notes, including the 2011 Senior Notes and the 2021 Senior Notes, and certain other obligations and liabilities of Core Lab N.V. have been transferred to Core Lab Delaware.”
Sunlight Financial Holdings Inc. incurred term loan of $38.8 million Tranche 1 facility and $49.8 million Tranche 2 facility with Cross River Bank maturing October 25, 2025.
“the “Company”) , the Company and Cross River Bank (“CRB”) , entered into a Commitment and Transaction Support Agreement (the “Commitment & Transaction Support Agreement”) pursuant”
Appreciate Holdings, Inc. faced acceleration on debt of $6,000,000 with Vellar Opportunity Fund SPV LLC maturing April 25, 2023.
“On April 25, 2023, the Company received a purported notice from Vellar Opportunity Fund SPV LLC that purports to trigger maturity consideration under the previously disclosed Forward Purchase Agreement entered into in November 2022. The amount of the maturity consideration demanded is $6,000,000 if paid in cash.”
KONA GOLD BEVERAGE, INC. incurred senior notes of $230,000 at 10% maturing 12 months from its issuance date.
“Pursuant to a Securities Purchase Agreement dated as of April 25, 2023 (the “SPA”), Kona Gold Beverage, Inc. (“our” or “we”), completed a private placement of a Senior Secured Promissory Note (the “Senior Note”) with an initial principal amount of $230,000 and the grant of a common stock purchase Warrant (the “Warrant”) that is exercisable for the purchase of up to an aggregate of 43,600,000 shares (the “Warrant Shares”) of our Common Stock with a third-party investor (the “Investor”).”
American Bitcoin Corp. incurred loan of $1,000,000 with MJ Acquisition Corp. at ten percent (10%) per annum maturing April 28, 2024.
“Concurrently with the SPA, Akerna, Akerna Exchange, and MJA entered into a secured promissory note, dated April 28, 2023 (the “MJA Note”) whereby Akerna promises to pay to the order of MJA or its registered assigns the amount of $1,000,000.”
AMERICAN REBEL HOLDINGS INC incurred loan of $1,000,000 at 22.8%.
“On April 14, 2023, the Registrant entered into a $1,000,000 Business Loan and Security Agreement (the “Secured Loan”) with an accredited investor lending source (the “Lender”).”
Aridis Pharmaceuticals, Inc. incurred loan of up to $9,286,770.80 with Streeterville Capital, LLC at 8% per annum maturing April 26, 2024.
“Pursuant to the Agreement, the Investor agreed to invest an additional investment amount of up to $2,500,000, $1,000,000 of which will delivered to the Company at closing and the remaining $1,500,000 of which will be placed into escrow under a secured line of credit facility with the total original principal amount of the secured promissory note being up to $9,286,770.80 (the “Secured Note”).”
FS KKR Capital Corp amended revolving credit of $750,000,000 total facility commitment with Deutsche Bank AG, New York Branch at 2.65% per annum plus term SOFR maturing February 26, 2027.
“applicable to advances to 2.65% per annum, plus term SOFR (or the relevant reference rate for any foreign currency borrowings), (iv) increases the total facility commitment to $750,000,000, and (v) extends the period in which the prepayment premium will be payable on certain reductions or terminations of the commitments to October 27, 2024. The foregoing description”
NAVIDEA BIOPHARMACEUTICALS, INC. incurred loan of up to $300,000 with John K. Scott, Jr. maturing June 26, 2023.
“On April 25, 2023, John K. Scott, Jr., the current Vice Chairman of the Board, agreed to makes advances to the Company in the aggregate principal amount of up to $300,000 under the terms of a secured bridge note (the “2023 Bridge Note”).”
Papaya Growth Opportunity Corp. I incurred loan of $2.8 million with Papaya Growth Opportunity I Sponsor, LLC at non-interest bearing maturing the date on which the Company consummates a business combination.
“On April 17, 2023, the Company issued a promissory note (the “Promissory Note”) to Papaya Growth Opportunity I Sponsor, LLC (the “Lender”), the Company’s sponsor. Pursuant to the Promissory Note, the Lender agreed to loan the Company up to an aggregate principal amount of $2.8 million.”
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 April 28, 2023, Constellation Acquisition Corp I (the “Company”) drew an aggregate of $150,000 (the “Extension Funds”), as approved by unanimous director resolution, dated April 24, 2023, pursuant to the unsecured promissory note, dated January 30, 2023 between the Company and Constellation Sponsor LP (the “Note”), which Extension Funds the Company deposited into the Company’s trust account for its public shareholders.”
Kiromic Biopharma, Inc. incurred convertible notes of $2,000,000 with an accredited investor at 25% per annum maturing April 25, 2024.
“On April 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 $2,000,000, bears interest at a rate of 25% per annum (the “Stated Rate”) and matures on April 25, 2024 (the “Maturity Date”)”
Permian Resources Corp amended credit facility of reaffirmed the borrowing base at $2.5 billion and maintained the elected commitments at $1.5 billion with JPMorgan Chase Bank, N.A., as administrative agent.
“The Third Amendment, among other things, (i) reaffirmed the borrowing base at $2.5 billion and maintained the elected commitments at $1.5 billion, (ii) expanded the exceptions to the negative covenants to permit the incurrence of additional indebtedness on a pari passu basis with the facilities in the Credit Agreement, subject to certain conditions; and (iii) made technical changes to permit OpCo to potentially incur term loans in addition to the revolving loans provided under the Credit Agreement, subject to terms to be agreed with the lenders making such term loans and to the terms of the Third Amendment and the Credit Agreement.”
Edgemode, Inc. incurred convertible notes of $57,502 with another Investor at ten percent (10%) maturing May 26, 2023.
“on April 26, 2023, the Company entered into a Promissory Note Purchase Agreement with another Investor, pursuant to which the Company sold the Investor an unsecured convertible promissory note in the principal amount of $57,502 Promissory Note.”
Edgemode, Inc. incurred loan of $60,000 with an accredited investor at ten percent (10%) maturing May 25, 2023.
“On April 25, 2023, Edgemode, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Promissory Note Purchase Agreement”) with an accredited investor (the “Investor”), pursuant to which the Company sold the Investor an unsecured promissory note in the principal amount of $60,000 (the “Promissory Note”).”
ADM ENDEAVORS, INC. incurred loan of $200,000 with Robert Breese at no interest except upon default maturing April 1, 2025.
““ Seller ”), pursuant to which Just Right Products acquired (the “ Acquisition ”) embroidery equipment, inventory, and related assets (the “ Assets ”), from the Seller for a $200,000 purchase price, to be paid by the issuance by Just Right Products of a $200,000 secured promissory note to the Seller or its nominee (the “ Note ”). On April 27, 2023, the”
RiskOn International, Inc. incurred senior notes of $6,875,000 with certain accredited investors at bear no interest (unless an event of default occurs) as they were issued with an maturing April 27, 2024.
“The Notes have a principal face amount of $6,875,000 and bear no interest (unless an event of default occurs) as they were issued with an original issuance discount. The maturity date of the Notes is April 27, 2024.”
ONCOR ELECTRIC DELIVERY CO LLC incurred revolving credit of $500,000,000 revolving facility, with initial borrowing of $100,000,000 with MUFG Bank, Ltd., as administrative agent, and the lenders party thereto at commercial paper cost or SOFR + 0.10% maturing April 28, 2026.
“On April 28, 2023, Oncor Electric Delivery Company LLC (“Oncor”) entered into a three-year $500 million revolving accounts receivable securitization facility (the “AR Facility”) with MUFG Bank, Ltd., as administrative agent (“MUFG”).”
CME GROUP INC. incurred revolving credit of $7 billion (which is eligible to be increased to $10 billion) with Bank of America, N.A., in its capacity as administrative agent, Citibank, N.A., in its capacity as collateral agent and collateral monitoring agent, and the banks party thereto.
“The Amended Credit Facility is for a multi-currency revolving secured credit facility of $7 billion (which is eligible to be increased to $10 billion) and is intended to provide temporary liquidity to CME in the event of a clearing member default, a liquidity constraint or depositary default, or in the event of a delay in the payment systems utilized by CME.”
JANEL CORP incurred credit facility of $3.0 million Revolving Loan, a $5.0 million Acquisition Loan, a $6.905 million Term A Loan and a $620,000 Term B Loan with First Merchants Bank at one-month adjusted term SOFR plus either (i) 2.75% ... or (ii) 3.50% ... 4.19% o maturing Revolving Loan ... expire on August 1, 2027, Term A Loan ... mature on April 25, 2033, Term B Loan ... mature on July 1, 2025, Acquisition Loan ... maturity ....
“are part of the Life Science and Manufacturing segments (together with Indco, the “ Borrowers ” and each, a “ Borrower ”), entered into a Credit Agreement (the “ Credit Agreement ”) with First Merchants Bank (“ First Merchants ”). The Credit Agreement constitutes an amendment and restatement of that certain Credit Agreement dated February 29, 2016 between Indco and First Merchants (as amended, the “ Prior Credit Agreement ”).”
TXNM ENERGY INC incurred mortgage of $185.0 million aggregate principal amount at 5.01% and 5.47% maturing due April 28, 2033 and due July 28, 2053.
“On April 28, 2023, TNMP entered into a Bond Purchase Agreement (the “TNMP Bond Purchase Agreement”) with the institutional investors party thereto for the sale of $185.0 million aggregate principal amount of TNMP first mortgage bonds offered in a private placement transaction.”
TXNM ENERGY INC incurred senior notes of $200.0 million aggregate principal amount at 5.51% and 5.92% maturing due April 28, 2035 and due April, 2053.
“On April 28, 2023, PNM entered into a Note Purchase Agreement (the “PNM Note Purchase Agreement”) with the institutional investors party thereto for the sale of $200.0 million aggregate principal amount of senior unsecured notes in the following series and denominations: (i) $150.0 million aggregate principal amount of its 5.51% Senior Unsecured Notes, Series A, due April 28, 2035, and (ii) $50.0 million aggregate principal amount of its 5.92% Senior Unsecured Notes, Series B, due April, 2053”
EMCOR Group, Inc. amended credit facility with Bank of Montreal (as Agent) and certain other lenders at Adjusted Term SOFR plus 1.00% to 1.75%.
“The Credit Amendment provides for, among other changes, the replacement of the London interbank offered rate-based interest rate with a term secured overnight financing rate-based interest rate plus a 0.10% credit spread adjustment (the “Adjusted Term SOFR”). SOFR borrowings under the Credit Agreement, as amended, bear interest at Adjusted Term SOFR plus 1.00% to 1.75%, based on certain financial tests.”
SPX Technologies, Inc. incurred term loan of $300.0 million with Bank of America, N.A., as administrative agent, and the lenders party thereto at Term SOFR rate plus 0.10%, plus an applicable margin percentage maturing August 12, 2027.
“The Incremental Amendment provides for additional senior secured term loans in the aggregate amount of $300.0 million (the “Incremental Term Loans”)”
Yotta Acquisition Corp incurred loan of $200,000 with Yotta Investment LLC at does not bear interest maturing matures upon the closing of a business combination by the Company.
“On April 21, 2023, Yotta Acquisition Corporation (the “Company”) issued an unsecured promissory note in the aggregate principal amount of $200,000 (the “Note”) to Yotta Investment LLC, the Company’s initial public offering sponsor (“Sponsor”) and received $200,000.”
Genesis Unicorn Capital Corp. amended loan of up to $2,000,000 with Genesis Unicorn Capital, LLC.
“For the purposes of clarity, the Company and the Sponsor hereby agreed that the certain instrument dated as of March 1, 2023 pursuant to which the Sponsor purported to loan up to $2,000,000 to the Company was hereby canceled and deemed void ab initio .”
Genesis Unicorn Capital Corp. amended loan of up to $4,500,000 with Genesis Unicorn Capital, LLC at bears no interest maturing the earlier of (a) February 17, 2024 or (b) the date of the consummation of the Company’s initial business combination.
“On April 27, 2023, Genesis Unicorn Capital Corp. (the “Company”) issued an amended and restated promissory note (the “ Note ”) in the principal amount of up to $4,500,000 to Genesis Unicorn Capital, LLC (the “ Sponsor ”), pursuant to which the Sponsor shall loan to the Company up to $4,500,000 to pay, among other things, any extension fees and transaction costs associated with any extensions of time needed for the Company to consummate its business combination.”
QT IMAGING HOLDINGS, INC. incurred convertible notes of $870,000 with GigAcquisitions5, LLC at bear no interest maturing upon the consummation of a business combination.
“the Company further amended and restated the Working Capital Note (the “Seventh Restated Working Capital Note”) to reflect an additional principal amount of $65,000 extended by the Sponsor to the Company for a collective principal amount under the Seventh Restated Working Capital Note of $870,000.”
QT IMAGING HOLDINGS, INC. incurred debt of $1,160,000 with GigAcquisitions5, LLC at bear no interest maturing upon the consummation of a business combination.
“the Company further amended and restated the Extension Note (the “Seventh Restated Extension Note”) to reflect an additional principal amount of $100,000 extended by the Sponsor to the Company for a collective principal amount under the Seventh Restated Extension Note of $1,160,000.”
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.