New loans, notes, and credit facilities disclosed under 8-K Items 2.03/2.04.
Belpointe PREP, LLC incurred mortgage of up to $163.3 million with SM Finance III LLC at Term SOFR plus 1.5% maturing October 11, 2027.
“entered into a variable-rate mortgage loan agreement (the “1991 Main Mortgage Loan Agreement”) with SM Finance III LLC, a Delaware limited liability company (the “Lender”), for up to $163.3 million in principal amount (the “1991 Main Mortgage Loan”)”
Franklin BSP Capital Corp incurred senior notes of $300,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 6.000% per year maturing October 2, 2030.
“The Fourth Supplemental Indenture relates to the Company’s issuance of $300,000,000 aggregate principal amount of its 6.000% notes due 2030”
VIP Play, Inc. incurred convertible notes of $926,000 with Excel Family Partners, LLLP at 12.0% maturing upon demand.
“We borrowed an additional aggregate amount of $926,000 in three separate draws under the Note from September 19, 2025 through October 1, 2025.”
Fold Holdings, Inc. incurred revolving credit of up to $45,000,000 with Two Prime Lending Limited at 6.5% per annum maturing October 1, 2026.
“forth in individually executed loan term sheets (each, a “Loan Term Sheet”). Facility and economics: The Facility provides for loans in an aggregate principal amount of up to $45,000,000, with no minimum loan amount required. Any amounts borrowed under this Facility bear interest at a rate of 6.5% per annum, accruing daily on a 360‐day year basis and payable in”
Horizon Space Acquisition I Corp. incurred loan of aggregate principal amount of $120,000 with Horizon Space Acquisition I Sponsor Corp. at bears no interest maturing the earlier to occur of (i) the consummation of the Company's business combination or (ii) the date of expiry of the term of the Company.
“The Company issued an unsecured promissory note in the aggregate principal amount of $120,000 (the “ Note ”) dated September 30, 2025 to the Sponsor in connection with the payment of the Monthly Extension Fee.”
Nakamoto Inc. incurred term loan of $203,017,500 with Two Prime Lending Limited at 8.5% per annum maturing September 30, 2026.
“The Two Prime Loan Agreement provides for a term loan facility in an aggregate principal amount of $203,017,500, bearing interest at a rate of 8.5% per annum, maturing on September 30, 2026 and can be prepaid at any time in whole or in part without premium or penalty.”
NorthWestern Energy Group, Inc. incurred term loan of $150 million with U.S. Bank National Association at Secured Overnight Financing Rate (SOFR) plus an applicable margin maturing April 10, 2026.
“the Company entered into Amendment No. 3 to Term Loan Credit Agreement and Lender Joinder Agreement, pursuant to which the total commitment under the Term Loan increased to $150 million, Mizuho Bank, Ltd. was added as a lender, and U.S. Bank was appointed the administrative agent (in addition to its lender role). The Company has borrowed $150 million under the Term Loan”
Lord Abbett Private Credit Fund amended credit facility with Bank of America, N.A. at a reduction to the applicable margin from a range of 1.60% to 2.00% per annum, s maturing October 2, 2030.
“The First Amendment provides for, among other things, (i) an extension of the revolving period during which PCF Financing may make borrowings under the Credit Agreement from January 23, 2028 to October 2, 2028; (ii) an extension of the scheduled maturity date from January 23, 2030 to October 2, 2030; and (iii) a reduction to the applicable margin from a range of 1.60% to 2.00% per annum, subject to a floor of 1.90% per annum, to a range of 1.60% to 1.80% per annum, subject to a floor of 1.80% per annum.”
Melar Acquisition Corp. I/Cayman amended loan of up to $3,250,000 with Melar Acquisition Sponsor I LLC.
“On September 29, 2025, Melar issued Second Amendment to Amended and Restated Promissory Note (the "Second Amendment to Sponsor Note") to the Sponsor to amend the Sponsor Note to increase the principal amount to up to $3,250,000.”
Audax Private Credit Fund, LLC amended credit facility of from $500 million to $600 million with Wells Fargo Bank, National Association at from 2.15% per annum to 2.00% per annum maturing from October 10, 2029 to September 30, 2030.
“The Amendment amended certain terms of the Loan Agreement to provide for, among other things, (i) an increase in the size of the credit facility from $500 million to $600 million, (ii) an extension of each of the maturity period and reinvestment period by approximately one year, from October 10, 2029 to September 30, 2030 and October 8, 2027 to September 29, 2028, respectively, and (iii) a reduction in the facility margin prior to the default period for the applicable reference rate from 2.15% per annum to 2.00% per annum.”
ENCORE CAPITAL GROUP INC incurred senior notes of $500.0 million with GLAS Trust Company LLC as trustee and Truist Bank as security agent at 6.625% per annum maturing April 15, 2031.
“On October 1, 2025, Encore Capital Group, Inc. (the “Company”) issued $500.0 million aggregate principal amount of 6.625% senior secured notes due 2031”
MidCap Financial Investment Corp amended credit facility of Lender commitments under the Facility will decrease from $1.660 billion to $1.610 billion at the applicable margin under the Facility was reduced as follows: (a) if the Gros maturing The final maturity date under the Facility was extended by a year from October 17, 2029 to October 1, 2030.
“(the “Company”) amended and extended its senior secured, multi-currency, revolving credit facility (the “Facility”). Lender commitments under the Facility will decrease from $1.660 billion to $1.610 billion. The Facility includes an “accordion” feature that allows the Company to increase the size of the Facility to $2.415 billion. The final maturity date under the”
Celsius Holdings, Inc. amended credit facility of $700.0 million (Term Loan Facility) and $100.0 million (Revolving Facility) with UBS AG, Stamford Branch at reduced by 0.75% on both facilities maturing does not change; all other material terms unchanged.
“term loan facility in an aggregate principal amount of up to $900.0 million (the “Term Loan Facility”), and a revolving credit facility in an aggregate principal amount of up to $100.0 million (the “Revolving Facility”). Also as previously reported, the Company had drawn the entirety of the $900.0 million Term Loan Facility in connection with the Company’s previously”
Celsius Holdings, Inc. incurred term loan of $700.0 million with UBS AG, Stamford Branch at reduced by 0.75% from the applicable rates under the Existing Term Loan maturing does not change; all other material terms unchanged.
“on October 2, 2025, the Company repaid the entirety of the Existing Term Loan using a combination of approximately $200.0 million of cash on hand and the proceeds from a new $700.0 million term loan under the Term Loan Facility, which bears interest at the reduced interest rate provided by the First Amendment. The Company did not incur any prepayment penalties in”
CareView Communications Inc amended credit facility with PDL Investment Holdings, LLC maturing December 31, 2025.
“pursuant to which the parties agreed to amend the Credit Agreement to (i) provide that the Maturity Date shall be extended to December 31, 2025.”
DuPont de Nemours, Inc. incurred senior notes of $1,584,398,000 aggregate principal amount of 4.725% Notes due 2028; $225,963,000 aggregate principal amount of 5.319% No with U.S. Bank Trust Company, National Association at 4.725%, 5.319%, 5.419% maturing November 15, 2028; November 15, 2038; November 15, 2048.
“On October 2, 2025, DuPont issued $1,584,398,000 aggregate principal amount of 4.725% Notes due 2028 (the "New 2028 Notes") in exchange for the 2028 Notes tendered and accepted by DuPont, $225,963,000 aggregate principal amount of 5.319% Notes due 2038 (the "New 2038 Notes") in exchange for the 2038 Notes tendered and accepted by DuPont and $294,781,000 aggregate principal amount of 5.419% Notes due 2048 (the "New 2048 Notes" and, collectively with the New 2028 Notes and the New 2038 Notes, the "New Notes") in exchange for the 2048 Notes tendered and accepted by DuPont.”
INNOVATIVE INDUSTRIAL PROPERTIES INC incurred revolving credit of $50.0 million with a federally regulated commercial bank at a variable rate based on the greater of (i) the prime rate plus an applicable ma maturing October 23, 2026.
“the Company, through its operating partnership, IIP OP, drew $50.0 million under its previously disclosed $87.5 million existing revolving credit facility established pursuant a Loan Agreement, dated October 23, 2023, as amended”
Bit Digital, Inc incurred convertible notes of additional $15 million aggregate principal amount of Notes.
“the exercise in full on September 30, 2025 of the underwriters' option to purchase an additional $15 million aggregate principal amount of Notes”
Bit Digital, Inc incurred convertible notes of $150 million aggregate principal amount with U.S. Bank Trust Company, National Association at 4.00% per year maturing October 1, 2030.
“Cantor Fitzgerald & Co. and B. Riley Securities, Inc. as representatives of the several underwriters named in Schedule I thereto, in connection with the issuance and sale of $150 million aggregate principal amount of the Company’s 4.00% Convertible Senior Notes due 2030 (the “Notes”), including the exercise in full on September 30, 2025 of the underwriters’”
CoreWeave, Inc. incurred term loan of $3.0 billion with U.S. Bank Trust Company, National Association at 4.25% plus the term SOFR for a three-month interest period maturing five years after the date of such draw.
“The Fifth Amendment adds an incremental $3.0 billion tranche of delayed draw term loans (the “Fifth Amendment DDTL”) to the DDTL 2.0 Credit Agreement.”
Interactive Strength, Inc. incurred convertible notes of $2,174,866.67 with the Note Holder at 12% per annum maturing January 30, 2026.
“the Company exchanged the Woodway Note for an Incremental Note in an aggregate principal amount of $2,174,866.67 (the “Exchange Note”).”
OppFi Inc. incurred revolving credit of $150.0 million with UMB Bank, N.A. (as administrative agent) and Randolph Receivables 2 LLC (as lender) at Term Secured Overnight Financing Rate plus 6.00% maturing September 29, 2029.
“On September 29, 2025, Opportunity Financial, LLC, a Delaware limited liability company (“OppFi-LLC”) and subsidiary of OppFi Inc., a Delaware corporation (the “Company”), Opportunity Funding SPE IX, LLC, a Delaware limited liability company and indirect wholly owned subsidiary of OppFi-LLC (the “Borrower”), OppWin, LLC and OppWin BPI, LLC, each a Delaware limited liability company and wholly owned subsidiary of OppFi-LLC, each as sellers, UMB Bank, N.A., as administrative agent and collateral agent, Randolph Receivables 2 LLC, as a lender and as Castlelake Representative, and the lenders party thereto entered into a senior secured Revolving Credit Agreement (the “Agreement”), by and among OppFi-LLC, the Borrower, OppWin, LLC, OppWin BPI, LLC, UMB Bank, N.A., Randolph Receivables 2 LLC, and the other lenders party thereto. The Agreement provides for maximum borrowings of $150.0 million at an interest rate equal to the Term Secured Overnight Financing Rate plus 6.00% and a maturity date”
Pagaya Technologies Ltd. incurred revolving credit of $132 million with BMO BANK N.A., Valley National Bank, Wells Fargo Bank, National Association, Citizens Bank N.A., The Toronto-Dominion Bank, New York Branch, Texas Capital Bank, Israel Discount Bank Ltd, Canadian Imperial Bank of Commerce, New York Branch at base rate plus 2.50% or adjusted term SOFR plus 3.50% maturing October 2, 2028.
“the 2024 Credit Agreement. The 2025 Credit Agreement provides for a senior secured revolving credit facility (the “Revolving Credit Facility”) in an initial committed amount of $132 million. The lenders include BMO BANK N.A., Valley National Bank, Wells Fargo Bank, National Association, Citizens Bank N.A., The Toronto-Dominion Bank, New York Branch, Texas Capital”
FRANKLIN ELECTRIC CO INC incurred senior notes of $125 million aggregate principal amount with the purchasers named therein at 5.01% maturing September 26, 2032.
“On September 26, 2025, pursuant to the Private Shelf Agreements, the Company agreed to issue and the Purchasers agreed to purchase $125 million aggregate principal amount of the Company’s 5.01% Senior Notes due September 26, 2032”
KADANT INC amended revolving credit of from $400 million to $750 million with Citizens Bank, N.A. maturing September 26, 2030.
“(i) increase the amount of the revolving loan commitments from $400 million to $750 million, (ii) extend the maturity date of the unsecured credit facility to the date that is five years after the effective date of the Eighth Amendment, or September 26, 2030, (iii) remove the credit spread adjustments applicable to SOFR, SONIA and CORRA borrowings”
SMITH MICRO SOFTWARE, INC. incurred loan of $400,000 with certain accredited investors at 15.0% per annum maturing on or before March 31, 2026.
“On September 29, 2025, Smith Micro Software, Inc. (the “Company”) entered into a Note Purchase Agreement (the “Note Agreement”) with certain accredited investors (“Purchasers”), pursuant to which the Purchasers have agreed to provide loans in an aggregate amount of $400,000, in each case in return for a secured promissory note (collectively, the “Notes”) and an accompanying unregistered common stock purchase warrant (collectively, the “Warrants”).”
NRG ENERGY, INC. incurred guarantee of guarantee the Borrower’s payment obligations under the Credit Agreement.
“On September 26, 2025, the Company also entered into an equity contribution agreement and guaranty with the Borrower, the Lender, the Agent, and Cedar Bayou 5 Holdings LLC, a Delaware limited liability company, pursuant to which the Company agreed to guarantee the Borrower’s payment obligations under the Credit Agreement.”
NRG ENERGY, INC. incurred credit facility of up to $561,901,530 with Wilmington Trust, National Association, as administrative agent and as collateral agent; Public Utility Commission of Texas, as lender at 3.00% maturing September 26, 2045.
“On September 26, 2025, NRG Cedar Bayou 5 LLC, a Delaware limited liability company (the “Borrower”) and an indirect wholly-owned subsidiary of NRG Energy, Inc. (the “Company”), entered into a credit agreement providing for an aggregate principal amount of up to $561,901,530 (the “Credit Agreement”) with Wilmington Trust, National Association, as administrative agent and as collateral agent (the “Agent”), and the Public Utility Commission of Texas, as lender (the “Lender”).”
WEYCO GROUP INC amended revolving credit of maximum available borrowing limit of $40.0 million with Associated Bank, National Association at one-month term secured overnight financing rate (“SOFR”) plus 110 basis points maturing September 25, 2026.
“amendments to the Amended Credit Agreement pursuant to the Fifth Amendment. Under the terms of the Amended Credit Agreement, there is a maximum available borrowing limit of $40.0 million and amounts outstanding bear interest at the one-month term secured overnight financing rate (“SOFR”) plus 110 basis points. The Amended Credit Agreement is secured by a security”
LAMAR ADVERTISING CO/NEW incurred senior notes of $400.0 million with U.S. Bank Trust Company, National Association at 5.375% maturing November 1, 2033.
“On September 25, 2025, Lamar Advertising Company (the “Company”) completed an institutional private placement of $400.0 million in aggregate principal amount of 5.375% Senior Notes due 2033 (the “Notes”) of Lamar Media Corp., its wholly owned subsidiary (“Lamar Media”).”
NORTHERN OIL & GAS, INC. incurred senior notes of $725,000,000 with Wilmington Trust, National Association, as trustee at 7.875% per annum maturing October 15, 2033.
“On October 1, 2025, Northern Oil and Gas, Inc., a Delaware corporation (the “Company”), and Wilmington Trust, National Association, as trustee, entered into an indenture (the “Indenture”), pursuant to which the Company issued $725,000,000 in aggregate principal amount of the Company’s 7.875% Senior Notes due 2033”
PRA GROUP INC incurred senior notes of €300 million aggregate principal amount with U.S. Bank Trustees Limited at 6.250% per annum maturing September 30, 2032.
“On September 30, 2025, PRA Group Europe Holding II S.à r.l., a private limited liability company ( société à responsabilité limitée ) incorporated and existing under the laws of the Grand Duchy of Luxembourg (the “Issuer”) and a wholly-owned subsidiary of PRA Group, Inc. (the “Company”), completed its previously announced offering of €300 million aggregate principal amount of 6.250% Senior Notes due 2032 (the “Notes”) in a private transaction that was exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).”
FlexShopper, Inc. faced acceleration on credit facility of $164,498,950 with Computershare Trust Company, National Association, as paying agent, Powerscourt Investments 50, LP, an affiliate of Waterfall Asset Management, LLC, as administrative agent.
“and made demand for such payment. The obligations of the Borrower due and owing include: (i) the aggregate principal amount outstanding in respect of the loans in the amount of $164,498,950, (ii) the aggregate interest payments due in respect of the loans through and including the date of the Acceleration Notice in the amount of $881,696, (iii) unpaid commitment fees”
HeartSciences Inc. amended loan of $500,000 with Front Range Ventures LLC at 12% per annum maturing September 30, 2026.
“Loan Agreement, the No. 1 Amendment, the No. 2 Amendment, the No. 3 Amendment, the No. 4 Amendment and the No. 5 Amendment, the “Loan Agreement”), for the Company to borrow $500,000 from Front Range Ventures LLC (“FRV”) as evidenced by a secured, non-convertible promissory note, dated April 24, 2020, as amended by the Amended and Restated Secured Promissory”
KALA BIO, Inc. faced acceleration on loan of $29.1 million with Oxford Finance LLC at Default Rate.
“the Event of Default. The total amount of the Company’s obligations under the Loan Agreement as of the date hereof that have been accelerated and declared payable by Oxford is $29.1 million plus any additional interest due upon final payment and any expenses that become payable by the Company under the Loan Agreement. A description of the Loan Agreement is contained”
Science Applications International Corp incurred revolving credit of $1,000,000,000 New Revolving Credit Facility with Citibank, N.A. at same interest rate margins as the Existing Loans, provided that the credit sprea maturing September 30, 2030.
“The Amendment also established a new $1,000,000,000 revolving credit facility (the "New Revolving Credit Facility", the advances extended thereunder, the "New Revolving Loans", and the New Revolving Loans together with the New Term A Loans, the "New Credit Facilities"), with a termination date of September 30, 2030, used to refinance the $1,000,000,000 revolving credit facility under the Existing Credit Agreement (the "Existing Revolving Credit Facility").”
Science Applications International Corp incurred term loan of $1,100,000,000 New Term Loan A Facility with Citibank, N.A. at same interest rate margins as the Existing Loans, provided that the credit sprea maturing September 30, 2030.
“The Amendment established a new senior secured term loan "A" credit facility commitment in the amount of $1,100,000,000 (the "New Term Loan A Facility", and the advances thereunder, the "New Term A Loans"), with a maturity date of September 30, 2030.”
RE/MAX Holdings, Inc. amended revolving credit with JPMorgan Chase Bank, N.A. maturing the revolving facility under the Credit Agreement from June 21, 2026 to April 21, 2028.
“The Amendment extends the maturity date of the revolving facility under the Credit Agreement from June 21, 2026 to April 21, 2028.”
Datavault AI Inc. incurred senior notes of $6,666,666 with institutional investors at 10% original issue discount; 12% per annum upon an event of default maturing 18 months from the date of issuance.
“the Purchasers agreed to purchase from the Company in a registered direct offering (the “Offering”), senior secured convertible notes having an aggregate principal amount of $6,666,666 (the “Initial Notes”) for an aggregate purchase price of $6,000,000 and senior secured convertible notes having an aggregate principal amount of $6,666,666 (the “Additional”
Sun Country Airlines Holdings, Inc. incurred term loan of $108,000,000 with UMB Bank, National Association at 5.98% per annum maturing September 22, 2032.
“On September 26, 2025, Sun Country Inc. (d/b/a Sun Country Airlines) ("Sun Country"), a wholly owned company of Sun Country Airlines Holdings, Inc. (the "Company," "we," "us" or "our") entered into a $108,000,000 Term Loan Facility Agreement among Sun Country, the lenders party thereto and UMB Bank, National Association, as administrative agent and mortgagee (the "Term Loan Facility").”
Rocket Companies, Inc. incurred senior notes of $738,075,000 million in aggregate principal amount of 6.500% Senior Notes due 2029 and $955,326,000 million in aggregate with U.S. Bank Trust Company, National Association at 6.500% per year for the 2029 Notes; 7.125% per year for the 2032 Notes maturing August 1, 2029 for the 2029 Notes; February 1, 2032 for the 2032 Notes.
“On October 1, 2025, the Company issued $738,075,000 million in aggregate principal amount of 6.500% Senior Notes due 2029 (the "2029 Notes") and $955,326,000 million in aggregate principal amount of 7.125% Senior Notes due 2032 (the "2032 Notes" and, together with the 2029 Notes, the "New Rocket Notes").”
STANDARD PREMIUM FINANCE HOLDINGS, INC. amended credit facility of $75,000,000 with an additional uncommitted $40,000,000 accordion feature for a total of $115,000,000 with First Horizon Bank, Flagstar Bank and Cadence Bank at 210 bps from a range of 255 – 296 bps maturing September 25, 2028.
“On September 25, 2025, Standard Premium Finance Holdings, Inc., a Florida corporation (the “Company”), through its wholly-owned subsidiary, Standard Premium Finance Management Corporation (the “Borrower”) entered into a Fifth Amendment to Loan Agreement and Omnibus Amendment to Loan Documents (the “Amendment”) with First Horizon Bank, Flagstar Bank and Cadence Bank, which increased the maximum aggregate borrowing capacity under the Loan Agreement to $75,000,000 with an additional uncommitted $40,000,000 accordion feature for a total of $115,000,000. The Amendment also reduced the interest rate margin to 210 bps from a range of 255 – 296 bps. Additionally, the Amendment extended the maturity date of the loan to September 25, 2028.”
Cipher Digital Inc. incurred convertible notes of $1,300,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 0.00% maturing October 1, 2031.
“On September 30, 2025, Cipher Mining Inc. (the “Company”) issued $1,300,000,000 aggregate principal amount of its 0.00% Convertible Senior Notes due 2031 (the “Notes”).”
Enact Holdings, Inc. incurred revolving credit of $435 million with JPMorgan Chase Bank, N.A., as Administrative Agent at Term SOFR plus 0.10% plus an applicable margin maturing September 30, 2030.
“The Credit Agreement provides for a revolving credit facility in the initial aggregate principal amount of $435 million”
BKV Corp incurred senior notes of $500,000,000 with U.S. Bank Trust Company, National Association, as trustee at 7.500% maturing October 15, 2030.
“On September 26, 2025, BKV Upstream Midstream, LLC, a Delaware limited liability company ("BKV Upstream Midstream" or the "Issuer"), issued $500,000,000 in aggregate principal amount of 7.500% senior unsecured notes due 2030 (the "Notes"), pursuant to an indenture, dated September 26, 2025 (the "Indenture"), by and among the Issuer, BKV Corporation ("BKV"), certain other subsidiary guarantors party thereto and U.S. Bank Trust Company, National Association, as trustee (the "Trustee").”
Verano Holdings Corp. incurred revolving credit of $75,000,000 with Chicago Atlantic Admin, LLC at one-month Term SOFR (subject to a minimum 4% SOFR floor) plus 6% maturing September 29, 2028.
“The Revolver provides for a $75,000,000 revolving loan facility, $50,000,000 of which was drawn upon the Closing Date”
MSD Investment Corp. amended revolving credit of from $595.0 million to $670.0 million with JPMorgan Chase Bank, N.A., as administrative agent at SOFR plus an applicable margin of 1.75% per annum maturing November 19, 2029.
“the aggregate commitments under the Revolving Credit Facility increased from $595.0 million to $670.0 million”
Fold Holdings, Inc. incurred revolving credit of up to $45,000,000 with Two Prime Lending Limited at 6.5% per annum maturing October 1, 2026.
“forth in individually executed loan term sheets (each, a “Loan Term Sheet”). Facility and economics: The Facility provides for loans in an aggregate principal amount of up to $45,000,000, with no minimum loan amount required. Any amounts borrowed under this Facility bear interest at a rate of 6.5% per annum, accruing daily on a 360‐day year basis and payable in”
Waystar Holding Corp. amended revolving credit of from $400.0 million to $500.0 million with JPMorgan Chase Bank, N.A. at Adjusted Term SOFR (as defined in the Credit Agreement), plus an initial applica.
“the maximum borrowing capacity under the revolving credit facility under the Credit Agreement (the "Revolving Credit Facility"), was increased from $400.0 million to $500.0 million”
Waystar Holding Corp. incurred term loan of $250.0 million with JPMorgan Chase Bank, N.A..
“the Borrower incurred incremental term loans in an aggregate principal amount of $250.0 million (the "Incremental Term Loans")”
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.