Debt Financings

Nuburu, Inc. incurred loan of $1,000,000 with Agile Capital Funding, LLC maturing December 2025.

“The Company entered into a Business Loan and Security Agreement with Agile Capital Funding, LLC and its affiliates (“Agile”), dated as of May 30, 2025, pursuant to which the Company refinanced its existing loan with Agile, resulting in an additional capital infusion of $248,000 (bringing the total cash capital infusion from Agile to $748,000). The face amount of the refinanced loan is $1,000,000 (the “Agile Note”).”

VIP Play, Inc. incurred convertible notes of an additional aggregate amount of $880,000 with Excel Family Partners, LLLP at 12.0%.

“We borrowed an additional aggregate amount of $880,000 in two separate draws under the Note from May 9, 2025 through May 28, 2025.”

RenX Enterprises Corp. incurred loan of $1,255,000 with James Burnham at 11.5% maturing due upon the earlier of April 30, 2026, immediately upon a change of control, or after the occurrence of an event of default.

“Resource Group US LLC, a Florida limited liability company and wholly owned subsidiary of Resource Group, issued an 11.5% note in the principal amount of $1,255,000 to James Burnham, one of the founders of Resource Group, in consideration of funds previously advanced to Resource Group US LLC.”

RenX Enterprises Corp. incurred senior notes of $480,000 with Equityholders of Resource Group at 6% maturing due on the first anniversary of the closing.

“the Company issued to the Equityholders an aggregate of $480,000 in principal amount of unsecured 6% promissory notes due on the first anniversary of the closing.”

Lord Abbett Private Credit Fund S incurred revolving credit of up to $100,000,000 with ING Capital LLC at Term Benchmark Loan plus 1.875% or 1.75% per annum maturing June 3, 2030.

“The Revolving Credit Facility provides for, among other things, borrowings in U.S. dollars or certain other permitted currencies in an initial aggregate amount of up to $100,000,000, subject to availability under the borrowing base, with an option for the Company to elect at one or more times, subject to certain conditions, to increase the maximum committed”

MOOG INC. incurred term loan of $250 million with HSBC Bank USA, National Association, as administrative agent maturing October 27, 2027.

“the Amended and Restated Loan Agreement provides for a new term loan facility in the aggregate principal amount of $250 million (the “New Term Loan”)”

AMERICAS CARMART INC incurred senior notes of $50,820,000 aggregate principal amount with Deutsche Bank National Trust Company at 7.25% maturing February 20, 2032.

“$50,820,000 aggregate principal amount of 7.25% Class B Asset Backed Notes (the “Class B Notes” and, together with the Class A Notes, the “Notes”)”

AMERICAS CARMART INC incurred senior notes of $165,180,000 aggregate principal amount with Deutsche Bank National Trust Company at 5.55% maturing June 20, 2028.

“On May 29, 2025, affiliates of America’s Car-Mart, Inc. (the “Company”) completed a securitization transaction (the “Securitization Transaction”), which involved the issuance and sale in a private offering of $165,180,000 aggregate principal amount of 5.55% Class A Asset Backed Notes (the “Class A Notes”) and $50,820,000 aggregate principal amount of 7.25% Class B Asset Backed Notes”

REINSURANCE GROUP OF AMERICA INC incurred debt of $1 billion with Omnis Funding Trust maturing May 15, 2055.

“On June 4, 2025 (the “Closing Date”), pursuant to the Purchase Agreement among Reinsurance Group of America, Incorporated (the “Company”), Omnis Funding Trust, a Delaware statutory trust (the “Trust”), and TD Securities (USA) LLC, BofA Securities, Inc., J.P.”

REINSURANCE GROUP OF AMERICA INC incurred senior notes of up to $1 billion with Omnis Funding Trust at 6.722% maturing due 2055.

“On June 4, 2025 (the “Closing Date”), pursuant to the Purchase Agreement among Reinsurance Group of America, Incorporated (the “Company”), Omnis Funding Trust, a Delaware statutory trust (the “Trust”), and TD Securities (USA) LLC, BofA Securities, Inc., J.P.”

StoneX Group Inc. amended revolving credit of $650 million with Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer maturing June 3, 2028.

“On June 3, 2025 StoneX Group Inc. (the "Company") entered into a Restatement Agreement to its Amended and Restated Credit Agreement, made as of February 22, 2019, with Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer, BofA Securities, Inc., BMO Capital Markets Corp., Capital One, National Association, Canadian Imperial Bank of Commerce, New York Branch, CIBC World Markets Corp., Barclays Bank PLC, Citizens Bank, N.A., U.S. Bank National Association and The Huntington National Bank as Joint Lead Arrangers and Joint Bookrunners, and with the lenders from time to time parties thereto, pursuant to which the parties agreed to amend and restate the existing senior secured credit facility (as so amended and restated, the "Amended Credit Agreement") to, among other things, (i) increase the size of the facility to $650 million, (ii) extend the maturity through June 3, 2028, (iii) increase the size of the uncommitted accordion feature to $300 million, which may be”

ARES CAPITAL CORP incurred senior notes of $750,000,000 with U.S. Bank Trust Company, National Association at 5.500% maturing September 1, 2030.

““Base Indenture” and, together with the Third Supplemental Indenture, the “Indenture”). The Third Supplemental Indenture relates to the Company’s issuance, offer and sale of $750,000,000 aggregate principal amount of its 5.500% notes due 2030 (the “Notes”). The Notes will mature on September 1, 2030 and may be redeemed in whole or in part at the Company’s option”

Scorpius Holdings, Inc. incurred loan of $535,000 with an institutional investor at 5.0% maturing July 31, 2025.

“On May 30, 2025, Scorpius Holdings, Inc., a Delaware corporation (the “Company”), issued a non-convertible promissory note (the “Note”) in the principal amount of Five Hundred and Thirty-Five Thousand Dollars ($535,000) to an institutional investor (the “Holder”). The Note accrues interest at the rate of 5.0% per annum and matures on the earlier of: (i) July 31, 2025; (ii) the consummation of a Corporate Event (as such term is defined in the Note); or (iii) when, upon or after the occurrence of an event of default under the Note.”

Citius Pharmaceuticals, Inc. incurred loan of $1 million with PAGODA RESOURCES, INC at 15.00% per year, compounded monthly maturing December 2, 2025.

“On June 2, 2025, Citius Pharmaceuticals, Inc. (the “Company”) issued an unsecured promissory note for an aggregate principal amount of $1 million (the “Note”) to PAGODA RESOURCES, INC, a Pennsylvania corporation.”

CIVITAS RESOURCES, INC. incurred senior notes of $750,000,000 aggregate principal amount with Computershare Trust Company, N.A., as trustee at 9.625% per annum maturing June 15, 2033.

“completed its previously announced offering (the “Offering”) of $750,000,000 aggregate principal amount of 9.625% Senior Notes due 2033 (the “Notes”).”

Rexford Industrial Realty, Inc. amended term loan of $700 million with Bank of America, N.A. at Term SOFR plus the applicable margin maturing May 30, 2030.

“a senior unsecured term loan facility in an aggregate principal amount of $700 million (the "Term Loan Facility"), comprised of (i) a $300 million term loan tranche (the “Term Loan A-1 Facility") and (ii) a $400 million term loan tranche (the “Term Loan A-2 Facility")”

Rexford Industrial Realty, Inc. amended revolving credit of $1.25 billion with Bank of America, N.A. at Term SOFR plus the applicable margin maturing May 30, 2029.

“and letter of credit issuer. The Credit Agreement provides for a senior unsecured revolving credit facility (the “Revolving Credit Facility”) in an aggregate principal amount of $1.25 billion and a senior unsecured term loan facility in an aggregate principal amount of $700 million (the "Term Loan Facility”), comprised of (i) a $300 million term loan tranche (the”

CACI INTERNATIONAL INC /DE/ incurred senior notes of $1.0 billion aggregate principal amount with U.S. Bank Trust Company, National Association at 6.375% per annum maturing June 15, 2033.

“pursuant to which CACI issued $1.0 billion aggregate principal amount of CACI’s 6.375% Senior Notes due 2033”

Udemy, Inc. incurred revolving credit of $200.0 million with Citibank, N.A. at adjusted term SOFR rate (based on one, three or six month interest periods), plu maturing five-year.

“mpany”) entered into a credit agreement by and among the Company, certain subsidiaries of the Company from time to time party thereto as guarantors, the lenders named in the Credit Agreement (the “Lenders”), the other financial institutions party thereto, and Citibank, N.A., as administrative agent and collateral agent (such agreement, the “Credit Agreement”).”

Kinetik Holdings Inc. incurred term loan of $1.15 billion senior unsecured credit facility with Toronto Dominion (Texas) LLC at Term SOFR rate plus 0.10%, plus a margin that ranges between 1.25% and 2.0% maturing May 30, 2028.

“Dominion (Texas) LLC, as administrative agent (“Toronto”) and the banks and other financial institutions party thereto, as lenders. The Term Loan Credit Agreement provides for a $1.15 billion senior unsecured credit facility. The Term Loan Credit Agreement matures on May 30, 2028. The obligations under the Term Loan Credit Agreement are guaranteed by the Company. 2”

Kinetik Holdings Inc. incurred revolving credit of $1.6 billion senior unsecured revolving credit facility with PNC Bank, National Association at Term SOFR rate plus 0.10%, plus a margin that ranges between 1.25% and 2.0% maturing May 30, 2030.

“(the “Company”), entered into a revolving credit agreement (the “Revolving Credit Agreement”) among PNC Bank, National Association, as administrative agent (“PNC Bank”), and the banks and other financial institutions party thereto, as lenders.”

Eos Energy Enterprises, Inc. faced acceleration on convertible notes of $126.0 million aggregate principal amount outstanding of the Company’s 5%/6% Convertible Senior PIK Toggle Note due 2026 maturing due 2026.

“On June 3, 2025, the Company used approximately $131.0 million of the net proceeds of the offering of the Notes to repurchase the full $126.0 million aggregate principal amount outstanding of the Company’s 5%/6% Convertible Senior PIK Toggle Note due 2026”

Eos Energy Enterprises, Inc. incurred convertible notes of $225,000,000 aggregate principal amount with Wilmington Trust, National Association at 6.75% per annum maturing June 15, 2030.

“On June 3, 2025 (the "Closing Date"), Eos Energy Enterprises, Inc. (the "Company") issued $225,000,000 aggregate principal amount of its 6.75% Convertible Senior Notes due 2030”

Alight, Inc. / Delaware amended revolving credit of $330.0 million with Bank of America, N.A. at SOFR plus an applicable rate between 1.75% and 2.25% per annum maturing May 31, 2030.

“The Amendment establishes a new incremental revolving credit facility, increasing revolving credit commitments by $30.0 million to an aggregate principal amount of $330.0 million (the “2025 Incremental Revolving Credit Facility”).”

Vera Therapeutics, Inc. incurred credit facility of up to $500.0 million with Oxford Finance LLC at greater of (x) the 1-Month CME Term SOFR plus 4.95% and (y) 8.70% maturing June 1, 2030, or June 1, 2031.

“On June 2, 2025 (the “Effective Date”), Vera Therapeutics, Inc. (the “Company”) entered into a Loan and Security Agreement (the “Agreement”) with Oxford Finance LLC, as collateral agent (in such capacity, the “Collateral Agent”), and certain lenders from time to time party thereto (collectively, the “Lenders”). The Agreement provides for term loans in an aggregate principal amount of up to $500.0 million.”

P3 Health Partners Inc. incurred loan of up to $70.0 million with VBC Growth SPV 5, LLC at 19.5% per annum maturing August 13, 2028.

“independent, disinterested directors of the Company. VBC 5 Promissory Note The Promissory Note was issued by P3 LLC to VBC 5 on May 29, 2025, and provides for funding of up to $70.0 million (the “Promissory Note”), available for draw by P3 LLC in tranches, as follows: (i) a first tranche of $15.0 million available to P3 LLC upon the Effective Date, (ii) a second”

FTAI Infrastructure Inc. incurred term loan of $100,000,000 with Deutsche Bank AG, New York Branch at 8.50% per annum cash or 9.50% per annum paid in kind maturing 18 months from Closing Date, extendable in 6 month increments up to an additional 18 months.

“which provided for (i) the advance of senior secured term loans in an aggregate principal amount of $100.0 million”

iCoreConnect Inc. reported a default on debt of $10,026,552.

“As of the Petition Date, iCoreConnect had outstanding note payables totaling $10,026,552, which were in default, inter alia, due to the Chapter 11 filing.”

Crescent Private Credit Income Corp incurred credit facility of $150.0 million to $375.0 million with JPMorgan Chase Bank, National Association at applicable margin of 2.13% (or 2.2493% in the case of borrowings in British Poun.

“The Amendment, among other things, provides for (i) a decrease in the interest rate charged on the JPM Funding Facility from an applicable margin of 2.25% (or 2.3693% in the case of borrowings in British Pounds) to 2.13% (or 2.2493% in the case of borrowings in British Pounds), in each case over an applicable benchmark (Term SOFR or other applicable benchmark based on the currency of the borrowing) and (ii) an increase in the facility size from $150.0 million to $375.0 million.”

DISH Network CORP reported a default on senior notes of $183 million in cash interest payments on the 2026 Notes, 2028 Notes and 2029 Notes with DISH DBS Corporation at 5.25% secured notes due 2026, 5.75% secured notes due 2028, 5.125% unsecured not maturing 2026, 2028, 2029.

“EchoStar Corporation (“EchoStar”) has elected not to make approximately $183 million in cash interest payments due on June 2, 2025 (the “Interest Payments”) with respect to our DISH DBS Corporation (“DDBS”) 5.25% secured notes due 2026 (the “2026 Notes”), 5.75% secured notes due 2028 (the “2028 Notes”) and 5.125% unsecured notes due 2029 (the “2029 Notes, and collectively with the 2026 Notes and the 2028 Notes, the “DBS Notes”)”

GLADSTONE COMMERCIAL CORP incurred term loan of $20.0 million with KeyBank National Association at SOFR plus a margin of 155 to 200 basis points, or a base rate plus a margin of 5 maturing May 30, 2027.

“for an aggregate amount of $20.0 million. The Term Loan is scheduled to mature on May 30, 2027, and will bear interest at a rate equal to either (i) the secured overnight financing rate (“SOFR”) plus a margin of 155 to 200 basis points, or (ii) a base rate plus a margin of 55 to 100 basis points.”

ARBOR REALTY TRUST INC incurred senior notes of $200,000,000 aggregate principal amount of Class A-1R Senior Secured Revolving Floating Rate Notes at floating rate.

“The Class A-1R Notes represent a revolving commitment to advance up to $200,000,000, which can be used to fund future advances required pursuant to the collateral interests and acquire qualifying replacement collateral Interests.”

ARBOR REALTY TRUST INC incurred senior notes of $682,581,000 principal amount of investment grade-rated notes with Wilmington Trust, National Association at initial weighted average interest rate of approximately 2.48% plus Term SOFR maturing January 23, 2041.

“On May 30, 2025, a consolidated subsidiary of Arbor Realty Trust, Inc. (“Arbor”), Arbor Realty Commercial Real Estate Notes 2025-BTR1, LLC (the “Issuer”), issued $682,581,000 principal amount of investment grade-rated notes (the “Offered Notes”) and $119,277,115 principal amount of below investment grade-rated notes (collectively with the Offered Notes, the “Notes”), evidencing a commercial real estate mortgage loan securitization (the “Securitization”), and sold such Notes in a private placement.”

HERC HOLDINGS INC incurred revolving credit of up to $4,000 million with JPMorgan Chase Bank, N.A., as agent at Term SOFR plus 1.375% per annum or base rate plus 0.375% maturing June 2, 2030.

“2024, which are incorporated by reference herein. The New ABL Credit Facility provides (subject to availability under a borrowing base) for aggregate maximum borrowings of up to $4,000 million under a revolving loan facility, with commitments in a maximum aggregate principal amount of $3,600 million available to U.S. borrowers and $400 million available to Canadian”

Propanc Biopharma, Inc. incurred loan of $60,000 with an accredited investor at ten percent (10%) per annum maturing July 15, 2025.

“Effective June 2, 2025, Propanc Biopharma, Inc. (the “Company”) issued a Promissory Note to an accredited investor (the “Investor”) in the aggregate principal amount of $60,000 (the “Note”), for a purchase price of $50,000.”

IMAC Holdings, Inc. incurred loan of $82,600 with a certain lender maturing December 24, 2025.

“On May 29, 2025, IMAC Holdings, Inc. (the “Company”) issued a promissory note (the “Note”) to a certain lender (the “Lender”) in the aggregate principal amount of $82,600 for an aggregate purchase price from the Lenders of $59,000.”

CLARIVATE PLC incurred term loan of $500 million at Term SOFR plus 3.25% per annum maturing 2031.

“Credit Agreement ”, and as further amended by the Amendment, the “ Credit Agreement ”) entered into (i) an amendment thereto (the “ Amendment ”), which provided for a new $500 million tranche of incremental term loans maturing in 2031 (the “ Incremental Term Loans ”) and (ii) certain other amendments as set forth in Exhibit 10.1 to this Current Report on Form”

Venu Holding Corp incurred term loan of $6 million with PB&T Bank at 8.5% maturing March 27, 2031.

“the documents and agreements governing the Construction Loan, the Company may from time-to-time request advances under the Construction Loan not to exceed an aggregate amount of $6 million. During the Draw Period, the Construction Loan will bear interest at a fixed rate of 8.5%. On the last day of the Draw Period and continuing until the Maturity Date, the”

DoorDash, Inc. incurred convertible notes of $2,750,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 0% convertible maturing May 15, 2030.

“On May 30, 2025, DoorDash, Inc. (the “Company”) issued $2,750,000,000 aggregate principal amount of its 0% convertible senior notes due 2030 (the “Notes”).”

loanDepot, Inc. incurred senior notes of $200 million with Citibank, N.A. (trustee) and Nomura Corporate Funding Americas, LLC (administrative agent) at SOFR plus a margin per annum maturing May 16, 2030.

“Pursuant to the Series 2025-GT1 Indenture Supplement, the Issuer issued Series 2025-GT1 term notes (the “Notes”) in the aggregate principal amount of $200 million.”

Classover Holdings, Inc. incurred senior notes of $500 million with several investors at 7% per annum maturing two-year anniversary of the date of issuance.

“On May 30, 2025, Classover Holdings, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with several investors (collectively, the “Buyers”). Pursuant to the Purchase Agreement, subject to certain conditions precedent contained therein, the Company may sell to the Buyers up to an aggregate of $500 million in newly issued senior secured convertible notes (the “Notes”).”

XCF Global Capital, Inc. reported a default on loan of $112,580,000 with Greater Nevada Credit Union.

“operates our existing sustainable aviation fuel (“SAF”) production facility in Reno, Nevada. New Rise Reno has four notes payable outstanding, in aggregate principal amount of $112,580,000, to Greater Nevada Credit Union (“GNCU”), as the successor to Jefferson Financial Federal Credit Union (the “GNCU Loan”). The GNCU Loan was underwritten by certain guarantees”

Karman Holdings Inc. incurred term loan of aggregate original principal amount of $75,000,000 with Citibank, N.A..

“The Credit Agreement Amendment provides for an incremental term loan in the aggregate original principal amount of $75,000,000”

CUMMINS INC incurred revolving credit of up to $2.0 billion with JPMorgan Chase Bank, N.A. at SOFR plus 0.50% to 1.00% maturing June 2, 2028.

““5-Year Maturity Date”), the Borrowers may obtain revolving and swingline loans and letters of credit, in each case subject to certain amount limitations, in an amount up to $2.0 billion in the aggregate outstanding at any time prior to the 5-Year Maturity Date. The 5-Year Credit Agreement amends and restates in its entirety that certain Second Amended and”

CUMMINS INC incurred revolving credit of up to $2.0 billion with JPMorgan Chase Bank, N.A. at SOFR plus 0.50% to 1.00% maturing June 2, 2030.

““5-Year Maturity Date”), the Borrowers may obtain revolving and swingline loans and letters of credit, in each case subject to certain amount limitations, in an amount up to $2.0 billion in the aggregate outstanding at any time prior to the 5-Year Maturity Date. The 5-Year Credit Agreement amends and restates in its entirety that certain Second Amended and”

AIR T INC incurred senior notes of $100,000,000 with institutional investors at 8.5% maturing May 31, 2035.

“the Issuer agreed to issue and sell a Multiple Advance Senior Secured Note in an aggregate principal amount of up to $100,000,000”

AVIS BUDGET GROUP, INC. incurred debt of $736.5 million of asset-backed securities with The Bank of New York Mellon Trust Company, N.A. maturing three years and five years, respectively.

“On May 28, 2025 (the “Closing Date”), our Avis Budget Rental Car Funding (AESOP) LLC subsidiary (“ABRCF”) issued $736.5 million of asset-backed securities with a maturity of three years and five years, respectively”

UGI CORP /PA/ incurred senior notes of $550.0 million aggregate principal amount with U.S. Bank Trust Company, National Association at 9.500% maturing due 2030.

“On May 30, 2025, AmeriGas Partners, L.P. (“AmeriGas Partners”) and AmeriGas Finance Corp. (“Finance Corp.” and, together with AmeriGas Partners, the “Issuers”), indirect, wholly owned subsidiaries of UGI Corporation (the “Company”), issued $550.0 million aggregate principal amount of their 9.500% senior unsecured notes due 2030 (the “2030 Notes” and the offering of the 2030 Notes, the “Offering”).”

RADIAN GROUP INC amended credit facility of $200 million with Goldman Sachs Bank USA maturing August 31, 2025.

“Since July 2022, RMC, Liberty and Goldman have entered into four previously disclosed amendments to the MRA primarily to change the size of the facility, which is currently $200 million, and to extend the termination date of the MRA. On May 30, 2025, RMC, Liberty and Goldman entered into Amendment No. 5 to the MRA (the “Goldman MRA Amendment No. 5”) to further”

SOCKET MOBILE, INC. incurred convertible notes of $1,500,000 at 10% per year maturing May 30, 2028.

“On May 30, 2025, Socket Mobile, Inc. (the “Company”) completed a secured subordinated convertible note financing of $1,500,000”