New loans, notes, and credit facilities disclosed under 8-K Items 2.03/2.04.
ECD Automotive Design, Inc. incurred senior notes of $823,960.33 with the Lender at Prime Interest rate plus 5% per annum maturing December 12, 2026.
“the Company executed and delivered to the Lender a senior secured convertible note, dated July 7, 2025 (the "July 2025 Note"), in exchange for a loan in the original principal amount of $823,960.33.”
FIRST FINANCIAL BANKSHARES INC amended revolving credit of up to $50.0 million with Frost Bank at U.S. prime rate as quoted in the Money Rates section of The Wall Street Journal maturing June 30, 2027.
“30, 2023 (as amended, the “Loan Agreement”) and Renewal Promissory Note (the "Note"). Under the Note as governed by the Loan Agreement, the Company is permitted to draw up to $50.0 million on a revolving line of credit. Prior to June 30, 2027, interest is paid quarterly at the U.S. prime rate as quoted in the Money Rates section of The Wall Street Journal , and the”
TIDEWATER INC amended revolving credit of Existing $25 million super senior secured revolving credit facility terminated with DNB Bank ASA, New York Branch at Not provided maturing Not provided.
“The New Credit Agreement will replace the Company’s existing $25 million super senior secured revolving credit facility provided by that certain Credit Facility Agreement, dated November 16, 2021, by and among the Company, DNB Bank ASA, New York Branch, as facility agent, Nordic Trustee AS, as security trustee, DNB Markets, Inc. as bookrunner and mandated lead arranger, and the lenders party thereto (the “ Existing Credit Facility ”), which has been terminated in connection with the financing transactions described in this Current Report.”
TIDEWATER INC incurred revolving credit of $250,000,000 with DNB Bank ASA, New York Branch, as facility agent and security trustee at Not provided maturing Not provided.
“On July 7, 2025, the Company and the Guarantors entered into a credit agreement with DNB Bank ASA, New York Branch, as facility agent and security trustee, and a syndicate of lenders (the “ New Credit Agreement ”) providing for a new $250 million senior secured revolving credit facility (the “ New Revolving Credit Facility ”).”
TIDEWATER INC incurred senior notes of $650,000,000 with Wilmington Trust, National Association, as trustee at 9.125% maturing July 15, 2030.
“On July 7, 2025, Tidewater Inc., a Delaware corporation (the “ Company ”), certain of the Company’s subsidiaries (the “ Guarantors ”), and Wilmington Trust, National Association, as trustee (the “ Trustee ”), entered into an indenture (the “ Indenture ”), pursuant to which the Company issued $650,000,000 in aggregate principal amount of the Company’s 9.125% Senior Notes due 2030 (the “ 2030 Notes ”).”
Cencora, Inc. amended credit facility of $1.5 billion with MUFG Bank, Ltd., as administrator.
“The Receivables Amendment added a new uncommitted purchaser, increased the size of the receivables securitization facility to $1.5 billion from $1.45 billion and amended the Company’s option to increase the commitments of the participating banks, subject to their approval, by an additional $500 million (the “Accordion Feature”), up from $250 million.”
ARES CAPITAL CORP amended revolving credit of from $5.393 billion to $5.493 billion with JPMorgan Chase Bank, N.A..
“On July 2, 2025, Ares Capital Corporation increased the total commitments under its senior secured revolving credit facility (the “Revolving Credit Facility”) with JPMorgan Chase Bank, N.A. and each of the other parties thereto from $5.393 billion to $5.493 billion.”
AeroVironment Inc incurred convertible notes of $747,500,000 with U.S. Bank Trust Company, National Association at 0% maturing July 15, 2030.
“On July 2, 2025, the Note Underwriters exercised such option to purchase an additional $97,500,000 aggregate principal amount of Notes. The issuance of $747,500,000 aggregate principal amount of Notes was completed on July 3, 2025.”
CALERES INC amended revolving credit of $200.0 million to an aggregate amount of up to $700.0 million with Bank of America, N.A. at Term SOFR rate or the prime rate, plus a spread based upon the level of excess a maturing June 27, 2030.
“The Amendment, among other modifications to the Credit Agreement, extends the maturity date of the Credit Agreement from October 5, 2026, to June 27, 2030, and increases the amount of the senior secured revolving credit facilities available to the Borrower by $200.0 million to an aggregate amount of up to $700.0 million”
Scorpius Holdings, Inc. incurred loan of $425,000 with an institutional investor at 5.0% per annum maturing August 31, 2025.
“On June 30, 2025, Scorpius Holdings, Inc., a Delaware corporation (the “Company”), issued a non-convertible promissory note (the “Note”) in the principal amount of Four Hundred Twenty-Five Thousand Dollars ($425,000) to an institutional investor (the “Holder”).”
AMC Global Media Inc. incurred senior notes of $400,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 10.500% per annum maturing July 15, 2032.
“On July 3, 2025, AMC Networks completed an offering of $400,000,000 aggregate principal amount of its 10.500% Senior Secured Notes due 2032 (the "Notes") in a private placement to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States to certain persons in reliance on Regulation S under the Securities Act.”
Ladder Capital Corp incurred senior notes of $500 million with Wilmington Trust, National Association at 5.500% per annum maturing August 1, 2030.
“On July 3, 2025, Ladder Capital Finance Holdings LLLP (“LCFH”) and Ladder Capital Finance Corporation (together with LCFH, the “Issuers”), subsidiaries of Ladder Capital Corp (“Ladder” or the “Company”), completed the previously announced underwritten public offering of $500 million aggregate principal amount of 5.500% Senior Notes due 2030”
Ondas Inc. amended convertible notes with Charles & Potomac Capital, LLC maturing December 31, 2025.
“On July 3, 2025, Ondas Networks Inc. (“Networks”), a subsidiary of Ondas Holdings Inc., entered into that certain Letter Agreement, by and among Networks and the signatories thereto, pursuant to which the maturity date of each of the Notes (as defined below) was amended to December 31, 2025.”
AMERICAN REBEL HOLDINGS INC incurred loan of $5,470,000 with Streeterville Capital, LLC at 10% per annum maturing twenty-four months following the date of issuance.
“On June 26, 2025, American Rebel Holdings, Inc. (the “Company”) entered into a note purchase agreement (the “Purchase Agreement”) with Streeterville Capital, LLC (“Lender”) pursuant to which the Company issued and sold to the Lender a secured promissory note in the original principal amount of $5,470,000 (the “Note”).”
Crypto Co incurred loan of $68,000 with AJB Capital Investments, LLC at twelve percent (12%) per calendar year maturing December 11, 2025.
“borrowed funds pursuant to the terms of a Securities Purchase Agreement (the “AJB SPA”) entered into with AJB Capital Investments, LLC (“AJB”), and issued both a Promissory Note in the principal amount of $68,000 (the “AJB Note”) to AJB”
Zscaler, Inc. incurred convertible notes of $1.725 billion with U.S. Bank Trust Company, National Association at 0.00% maturing July 15, 2028.
“issued an aggregate of $1.725 billion principal amount of its 0.00% Convertible Senior Notes due 2028”
AST SpaceMobile, Inc. incurred loan of $3.5 million with Trinity Capital, Inc. maturing five-year term.
“ith Trinity Capital, Inc., as agent (the “Agent”) and lender, and the other lenders party (the “Lenders”) thereto,”
AST SpaceMobile, Inc. incurred loan of $21.5 million with Trinity Capital, Inc. maturing five-year term.
“ith Trinity Capital, Inc., as agent (the “Agent”) and lender, and the other lenders party (the “Lenders”) thereto,”
Trinity Capital Inc. incurred senior notes of $125,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 6.750% per year maturing July 3, 2030.
“2020, between the Company and the Trustee (the “Base Indenture”; and together with the Seventh Supplemental Indenture, the “Indenture”), relating to the Company’s issuance of $125,000,000 aggregate principal amount of its 6.750% notes due 2030 (the “Notes”). The Notes will mature on July 3, 2030, and may be redeemed in whole or in part at the Company’s option at”
Shift4 Payments, Inc. amended revolving credit of increase from $450,000,000 to $550,000,000 with Goldman Sachs Bank USA at term SOFR (0.0% floor) + 2.00% or alternate base rate + 1.00% maturing September 5, 2029.
“increase commitments under the existing $450,000,000 senior secured revolving credit facility under the Existing Credit Agreement (the "Existing Revolving Credit Facility") by $100,000,000 (the "Revolving Credit Facility Increase"), to an aggregate amount of $550,000,000”
Shift4 Payments, Inc. incurred term loan of $1,000,000,000 with Goldman Sachs Bank USA at term SOFR (0.0% floor) + 2.75% or alternate base rate + 1.75% maturing July 3, 2032.
“provide for a senior secured term loan facility in an aggregate principal amount of $1,000,000,000 (the "Term Loan Facility" and, together with the Revolving Credit Facility, the "Credit Facilities")”
SkyWater Technology, Inc incurred revolving credit of $350 million with Siena Lending Group LLC (as agent) at term SOFR loan rate ... plus applicable margin ranging from 5.0% to 4.0% per ann maturing June 30, 2030.
“The Loan Agreement provides for a revolving line of credit of up to $350 million with scheduled maturity date of June 30, 2030.”
Franklin BSP Capital Corp amended credit facility of $1,050.0 million with JPMorgan Chase Bank, National Association at 2.15%.
“The Second Amendment, among other things, (i) increases the Facility Commitments from $800.0 million to $1,050.0 million and (ii) reduces the Applicable Margin from 2.25% to 2.15%.”
VIP Play, Inc. amended convertible notes of principal amount of not more than $14,000,000 with Excel Family Partners, LLLP at fixed rate per annum equal to 12.0%.
“Line Of Credit Demand Note with Excel Family Partners, LLLP, a Florida limited liability limited partnership (“ Excel ”) in the principal amount of not more than $14,000,000 (the “ Note ”). Excel is controlled by Mr. Bruce Cassidy, our Secretary and sole member of our board of directors. The Note does not constitute a committed line of credit. Loans”
reAlpha Tech Corp. faced acceleration on debt of $350,000 with Streeterville Capital, LLC.
“greement with Streeterville Capital, LLC (the “Lender”) on August 14, 2024, pursuant to which the Company issued and sold”
ARES STRATEGIC INCOME FUND amended revolving credit of $3.085 billion to $3.225 billion with JPMorgan Chase Bank, N.A..
“On July 2, 2025, Ares Strategic Income Fund increased the total commitments under its senior secured revolving credit facility (the “Revolving Credit Facility”) with JPMorgan Chase Bank, N.A. and each of the other parties thereto from $3.085 billion to $3.225 billion.”
Venture Global, Inc. incurred senior notes of $2.0 billion aggregate principal amount of 6.50% senior secured notes due 2034 and $2.0 billion aggregate principal amou with Regions Bank (trustee) / qualified institutional buyers (Rule 144A) and non-U.S. persons (Reg S) at 6.50% per annum (2034 Notes) and 6.75% per annum (2036 Notes) maturing January 15, 2034 (2034 Notes) and January 15, 2036 (2036 Notes).
“On July 3, 2025 (the “Issue Date”), Venture Global Plaquemines LNG, LLC (“VGPL”), an indirect, wholly-owned subsidiary of Venture Global, Inc. (the “Company”) issued $2.0 billion aggregate principal amount of 6.50% senior secured notes due 2034 (the “2034 Notes”), and $2.0 billion aggregate principal amount of 6.75% senior secured notes due 2036 (the “2036 Notes” and, together with the 2034 Notes, the “Notes”).”
McEwen Inc. incurred term loan of $25 million with Evanachan Limited at 12% per year maturing June 27, 2026.
“The Loan Agreement established a non-revolving term loan for the benefit of McEwen Copper in an amount agreed to from time to time between the parties to the Loan Agreement, including any additional lenders from time to time party to the Loan Agreement, with an initial loan amount of $25 million as of the closing date of the Loan Agreement. The loan will be used for general working capital and funding feasibility study costs. The loan represented by the Loan Agreement bears interest at the rate of 12% per year with interest payments due monthly in arrears. The maturity date of the loan is June 27, 2026, the date of the first anniversary of the closing date.”
AVNET INC incurred term loan of $150,000,000 in U.S. Dollar denominated term loans and an aggregate principal amount of €100,000,000 in Euro denominated with Bank of America, N.A., as the administrative agent at (a) the 'base rate' ... plus an 'applicable rate', (b) the SOFR daily floating r.
“On July 1, 2025 (the “Closing Date”), Avnet Holding Europe BV (“Avnet Europe”), as borrower, and Avnet, Inc. (“Avnet”), as guarantor, entered into a Credit Agreement (the “Credit Agreement”) with the lenders party thereto and Bank of America, N.A., as the administrative agent. On the Closing Date, Avnet Europe borrowed an aggregate principal amount of $150,000,000 in U.S. Dollar denominated term loans and an aggregate principal amount of €100,000,000 in Euro denominated term loans.”
OSI SYSTEMS INC incurred term loan of includes a term loan of $100 million with Wells Fargo Bank, N.A. maturing July 2030.
“The Amendment (a) increases the aggregate committed amount available to us under our revolving loan facility from $600 million to $725 million, (b) includes a term loan of $100 million, and (c) extends the term of the credit facility until July 2030.”
OSI SYSTEMS INC amended revolving credit of increases the aggregate committed amount available to us under our revolving loan facility from $600 million to $725 mil with Wells Fargo Bank, N.A. maturing July 2030.
“The Amendment (a) increases the aggregate committed amount available to us under our revolving loan facility from $600 million to $725 million, (b) includes a term loan of $100 million, and (c) extends the term of the credit facility until July 2030.”
NOVANTA INC amended credit facility of approximately $1.0 billion with Bank of America, N.A. at Base Rate plus a margin ranging between zero and 0.75% per annum, or SOFR, SONIA maturing June 2030.
“were $392.4 million as of March 28, 2025, the end of the Company’s first fiscal quarter of 2025. The Agreement provides for an aggregate credit facility of approximately $1.0 billion, comprised of a €65.31 million euro-denominated 5-year term loan facility (the “Euro Term Loans”), a $75.0 million U.S. dollar denominated 5-year term loan facility (the “U.S.”
XEROX CORP incurred term loan of $327,152,215.80.
“Xerox Corporation made an incremental term loan borrowing of $327,152,215.80 ("Incremental Term Loans") under its First Lien Term Loan Credit Agreement”
XEROX CORP incurred senior notes of $250,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 13.00% per annum maturing 2030.
“Holdings completed its private offering of $250,000,000 aggregate principal amount of 13.00% Senior Notes due 2030”
Sonnet BioTherapeutics Holdings, Inc. incurred convertible notes of $2.0 million with certain accredited investors at no interest maturing June 30, 2026.
“On June 30, 2025, Sonnet BioTherapeutics Holdings, Inc. (the “Company”) completed a sale to certain accredited investors of convertible notes in the aggregate principal amount of $2.0 million (the “Convertible Notes”)”
PLUMAS BANCORP incurred senior notes of $10 million in aggregate principal amount of 4.75% Fixed-to-Floating Rate Subordinated Notes due November 30, 2030 at fixed interest rate of 4.75% for the first five years and thereafter a quarterly maturing November 30, 2030.
“the Company assumed Cornerstone’s obligations with respect to an aggregate principal amount of $12 million of subordinated notes, comprised of (a) $2 million in aggregate principal amount of 4.75% Fixed to Floating Rate Subordinated Notes due November 30, 2035 (the “2035 Notes”) and (b) $10 million in aggregate principal amount of 4.75% Fixed-to-Floating Rate Subordinated Notes due November 30, 2030 (the “2030 Notes”).”
PLUMAS BANCORP incurred senior notes of $12 million of subordinated notes, comprised of (a) $2 million in aggregate principal amount of 4.75% Fixed to Floating at fixed interest rate of 4.75% for the first ten years and thereafter ... three-mo maturing November 30, 2035.
“the Company assumed Cornerstone’s obligations with respect to an aggregate principal amount of $12 million of subordinated notes, comprised of (a) $2 million in aggregate principal amount of 4.75% Fixed to Floating Rate Subordinated Notes due November 30, 2035 (the “2035 Notes”) and (b) $10 million in aggregate principal amount of 4.75% Fixed-to-Floating Rate Subordinated Notes due November 30, 2030 (the “2030 Notes”).”
Sotherly Hotels Inc. reported a default on mortgage of approximately $38.0 million with Wilmington Trust, National Association, as Trustee.
“except as required pursuant to state law and the loan documents. The Company estimates that the amount of the direct financial obligation, as of July 2, 2025, is approximately $38.0 million. --- EX-99.1 (EX-99.1) --- EX-99.1 EXHIBIT 99.1 FOR IMMEDIATE RELEASE WEDNESDAY, July 2, 2025 SOTHERLY HOTELS INC. ANNOUNCES NOTICE OF DEFAULT ON MORTGAGE LOAN SECURED BY THE”
Limoneira CO incurred credit facility of $115,000,000 comprised of $114,000,000 under the Revolving Credit Supplement and $1,000,000 under the Non-Revolving Cred with AgWest Farm Credit, PCA at initial interest rate in effect under the Revolving Credit Supplement is 6.600% maturing July 1, 2030.
“The MLA amends and restates the Master Loan Agreement between the Company and the Lender, dated March 27, 2024. The Supplements provide aggregate borrowing capacity of $115,000,000 comprised of $114,000,000 under the Revolving Credit Supplement and $1,000,000 under the Non-Revolving Credit Supplement. For amounts outstanding under both Supplements interest”
Groupon, Inc. incurred convertible notes of $244,071,000 aggregate principal amount with Exchange Participants (limited number of existing holders of the Old Notes who are institutional accredited investors and/or qualified institutional buyers) at 4.875% per annum maturing June 30, 2030.
“On July 2, 2025, Groupon Inc. (the “Company”) issued $244,071,000 aggregate principal amount of its 4.875% Convertible Senior Notes due 2030 (the “2030 Notes”), pursuant to an indenture, dated as of July 2, 2025 (the “2030 Notes Indenture”), between the Company and U.S. Bank Trust Company, National Association, as trustee, consisting of (i) $20,000,000 aggregate principal amount of 2030 Notes issued in exchange for $20,000,000 aggregate principal amount of the Company’s outstanding 1.125% Convertible Senior Notes due 2026 (the “2026 Notes”) and (ii) $224,071,000 aggregate principal amount of 2030 Notes issued in exchange for $150,000,000 aggregate principal amount of the Company’s outstanding 6.25% Convertible Senior Secured Notes due 2027 (the “2027 Notes”, and together with the 2026 Notes, the “Old Notes”) with a limited number of existing holders of the Old Notes who are either “institutional accredited investors” (within the meaning of Rule 501(a)(1), (2), (3) or (7) promulgated un”
Southwest Gas Holdings, Inc. incurred revolving credit of $300 million with JPMorgan Chase Bank, N.A. as Administrative Agent and Swingline Lender at adjusted term secured overnight financing rate (“SOFR”) or the “alternate base r maturing August 1, 2029.
“BofA Securities, Inc. and Wells Fargo Securities, LLC as Joint Lead Arrangers and Joint Bookrunners. The revolving borrowing capacity under the Revolving Credit Agreement is $300 million, and as of July 1, 2025, $35 million in aggregate principal amount was outstanding under the Revolving Credit Agreement. The Revolving Credit Agreement matures on August 1, 2029,”
Southwest Gas Holdings, Inc. amended term loan of decreased from $550 million to $225 million with JPMorgan Chase Bank, N.A. as Administrative Agent maturing June 26, 2026.
“Company also prepaid a portion of indebtedness under the Amended Term Loan Agreement as a part of the closing, and the total value of the lenders’ commitments was decreased from $550 million to $225 million. The foregoing description of the Amended Term Loan Agreement does not purport to be complete and is qualified in its entirety by reference to the Amended Term”
urban-gro, Inc. incurred term loan of $1,050,000.00 with Agile Capital Funding, LLC, Agile Lending, LLC maturing twenty-eight weeks from the Effective Date.
“Pursuant to the Loan Agreement, the Lenders extended to the Company a term loan of $1,050,000.00”
Construction Partners, Inc. amended credit facility of $400.0 million to $600.0 million with PNC Bank, National Association at base rate, Term SOFR or Daily Simple SOFR, plus an applicable margin percentage maturing June 28, 2030.
“Loan A / Revolver Credit Agreement”) to, among other things, (i) increase the existing revolving credit facility under the Existing Term Loan A / Revolver Credit Agreement from $400.0 million to $500.0 million (the “Increased Revolving Credit Facility”), (ii) increase the existing term loan facility under the Existing Term Loan A / Revolver Credit Agreement from”
Envoy Medical, Inc. incurred loan of $5,000,000 with GAT Funding, LLC.
“On June 26, 2025, Envoy Medical, Inc. (the “Company”) drew the remaining $5,000,000 of available principal under the promissory note, dated as of March 6, 2025 (the “Note”), between the Company and GAT Funding, LLC (“GAT”).”
TPG Twin Brook Capital Income Fund incurred senior notes of $100,000,000 aggregate principal amount of Series C Notes with qualified institutional investors at 6.05% per annum for Tranche A Notes and 6.40% per annum for Tranche B Notes maturing June 30, 2028 for Tranche A Notes and June 30, 2030 for Tranche B Notes.
“On June 30, 2025, TPG Twin Brook Capital Income Fund, a Delaware statutory trust (the “Company”), entered into a Second Supplement (the “Second Supplement”), to the Master Note Purchase Agreement dated as of March 19, 2024 (the “Note Purchase Agreement”), governing the issuance of $100,000,000 aggregate principal amount of Series C Notes consisting of (i) $25,000,000 aggregate principal amount of 6.05% Series C Senior Notes, Tranche A, due June 30, 2028 (the “Tranche A Notes”), and (ii) $75,000,000 aggregate principal amount of 6.40% Series C Senior Notes, Tranche B, due June 30, 2030 (the “Tranche B Notes,” together with the Tranche A Notes, the “Series C Notes”), to qualified institutional investors in a private placement.”
KORN FERRY incurred credit facility of $850 million with Wells Fargo Bank, National Association as administrative agent, and other lender parties thereto at Term SOFR, plus an interest rate margin between 1.125% per annum and 2.00% per a maturing five years.
“The Credit Agreement provides for an $850 million five-year senior secured revolving credit facility (the “Facility”).”
LA-Z-BOY INC amended credit facility of $200 million with Wells Fargo Bank, National Association maturing July 1, 2030.
“and the other parties thereto (the “Credit Agreement”). The Credit Agreement provides for a revolving credit facility (the “Credit Facility”) in an aggregate principal amount of $200 million, which includes a $50 million letter of credit sub-limit. The foregoing description of the Credit Agreement Amendment does not purport to be complete and is qualified in its”
VAIL RESORTS INC incurred senior notes of $500 million with U.S. Bank Trust Company, National Association at 5.625% maturing July 15, 2030.
“On July 2, 2025, Vail Resorts, Inc. (the “Company”) completed an offering of $500 million in aggregate principal amount of its 5.625% Senior Notes due 2030 (the “Notes”) in a private placement conducted pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended.”
AMKOR TECHNOLOGY, INC. incurred term loan of $500 million with Bank of America, N.A., as administrative agent at Term SOFR or a Base Rate plus a margin based on the Company's consolidated lever maturing May 9, 2030.
“but not defined herein shall have the meaning ascribed to them in the Credit Agreement or the Amendment, as applicable. The Term A-1 Loans have an aggregate principal amount of $500 million, will mature on May 9, 2030, and are subject to annual amortization of 2.5% of the original principal amount per year in 2026 and 2027 and 5% of the original principal amount per”
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.