New loans, notes, and credit facilities disclosed under 8-K Items 2.03/2.04.
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”
DISH Network CORP reported a default on senior notes at 10.75% maturing due 2029.
“we have elected not to make an approximately $326 million cash interest payment due on May 30, 2025 (the “Interest Payment”) with respect to our 10.75% senior spectrum secured notes due 2029 (the “2029 Spectrum Notes”)”
AMERICAN TOWER CORP /MA/ incurred senior notes of 500.0 million euros aggregate principal amount with U.S. Bank Trust Company, National Association at 3.625% per annum maturing May 30, 2032.
“completed a registered public offering of 500.0 million euros (“EUR”) aggregate principal amount of its 3.625% senior unsecured notes due 2032”
Carlyle Group Inc. amended revolving credit of $1.0 billion with Citibank, N.A. at alternate base rate plus an applicable margin not to exceed 0.50% per annum, or maturing May 29, 2030.
“as Administrative Agent. In connection with entering into the Third Amended and Restated Credit Agreement, the Company maintained the size of its revolving credit facility at $1.0 billion. The Company currently has no amounts outstanding under the revolving credit facility. The Company has the ability to increase the size of its revolving credit facility (and/or”
Enova International, Inc. incurred senior notes of $163,866,000 in aggregate principal notes with Citibank, N.A. at 7.29% per annum maturing October 20, 2031.
“On May 30, 2025, NetCredit Combined Receivables A, LLC (the “Issuer”), a wholly-owned indirect subsidiary of Enova International, Inc. (the “Company”), issued $163,866,000 in aggregate principal notes (the “2025-A Notes”) in a securitization transaction (the “ENVA 2025-A Transaction”).”
AMERICAN REBEL HOLDINGS INC incurred loan of $450,000 with five accredited investors at guaranteed interest of $67,500 maturing May 27, 2027.
“the Company entered into five two year promissory notes with five accredited investors (the “Lenders”) in the gross principal amount of $450,000”
Apollo Debt Solutions BDC incurred credit facility of $496,000,000 with BNP Paribas Securities Corp. maturing July 15, 2037.
“ng Date and in connection with the 2025 Debt Securitization, ADL CLO 1 LLC (the “CLO Issuer”), an indirect, wholly-owned, consolidated subsidiary of the Company, entered into a Purchase and Placement Agreement (the “CLO Purchase and Placement Agreement”) with BNP Paribas Securities Corp., as the initial purchaser (the “Initial Purchaser”) and Apollo Global Securities, LLC, as co-placement agent, pursuant to which the CLO Issuer agreed to sell certain of the notes to the Initial Purchaser issued as part of the 2025 Debt Securitization pursuant to an indenture by and between the CLO Issuer and U.S.”
Aimfinity Investment Corp. I incurred loan of $55,823.8 with I-Fa Chang.
“On May 28, 2025, the Company issued an unsecured promissory note of $55,823.8 (the “Note”) to I-Fa Chang, a member and manager of Aimfinity Investment LLC, the sponsor of the Company (the “Sponsor”), as the Sponsor’s designee, to evidence the payments made for $55,823.8 (the “New Monthly Extension Payment”) to be deposited into the Trust Account for the public shareholders, which enables the Company to extend the period of time it has to consummate the Business Combination by one month from April 28, 2025 to May 28, 2025 (the “New Extension”).”
Trailblazer Merger Corp I amended loan of maximum amount available to borrow under the Note was further increased by an additional $500,000 to $4,030,000 with Trailblazer Sponsor Group, LLC maturing the earlier of July 30, 2025 or the closing of the Company’s initial business combination.
“On May 29, 2025, Trailblazer Merger Corporation I (the “Company”) entered into an amendment (the “Amendment”) of its amended and restated promissory note (the “Note”) with Trailblazer Sponsor Group, LLC, pursuant to which (i) the maximum amount available to borrow under the Note was further increased by an additional $500,000 to $4,030,000 and (ii) the maturity date of the Note was amended to be the earlier of July 30, 2025 or the closing of the Company’s initial business combination.”
HUMANA INC amended revolving credit of $5.0 billion with JPMorgan Chase Bank, N.A. as Agent at Term SOFR, Daily Simple SOFR or the base rate plus a spread.
“The Revolving Credit Agreement (i) increases the amount of the commitments under the Existing 5-Year Credit Agreement from $2.642 billion to $5.0 billion”
ACURA PHARMACEUTICALS, INC amended debt with Abuse Deterrent Pharma, LLC maturing December 31, 2025.
“This amendment #6 has an effective date of May 29, 2025 and changes the maturity date of the Amended Note from May 31, 2025 to December 31, 2025, at which time all principal and interest is due.”
ACURA PHARMACEUTICALS, INC incurred loan of $100,000 loans with Abuse Deterrent Pharma, LLC at 5.25%.
“On both May 2, 2025 and May 22, 2025, we received $100,000 loans from Abuse Deterrent Pharma, LLC (“AD Pharma”). These loans combined with previous loans made to the Company and combined with the $2,319,279 under the November 10, 2022 Amended Consolidated and Restated Secured Promissory Note, now has a principal balance of $7,994,279 with accrued interest of approximately $683,000 as of May 29, 2025 and bears interest at 5.25% (“Note”).”
MCKESSON CORP incurred senior notes of $650,000,000 in aggregate principal amount of the Company's 4.650% Notes due 2030 at 4.650% maturing 2030.
“$650,000,000 in aggregate principal amount of the Company's 4.650% Notes due 2030 (the "2030 Notes"), $650,000,000 in aggregate principal amount of the Company's 4.950% Notes due 2032 (the "2032 Notes") and $700,000,000 in aggregate principal amount of the Company's 5.250% Notes due 2035 (the "2035 Notes" and, together with the 2030 Notes and 2032 Notes, the "Notes")”
WATERS CORP /DE/ amended revolving credit of $1.8 billion with JPMorgan Chase Bank, N.A., as administrative agent at Term SOFR plus an applicable spread ranging from 80 basis points to 112.5 basis maturing May 22, 2030.
“On May 22, 2025, Waters Corporation (the “Company”) and certain of its subsidiaries, as guarantors, entered into an Amendment and Restatement Agreement (the “Amendment”) in respect of that certain Amended and Restated Credit Agreement, dated as of September 17, 2021 and amended as of March 3, 2023 (the “Existing Credit Agreement”, and as amended by the Amendment, the “Amended Credit Agreement”), with the lenders and issuing banks party thereto, and JPMorgan Chase Bank, N.A., as administrative agent, pursuant to which the Company, among other things, removed its existing term loan facility of up to $200 million and retained its existing senior unsecured revolving credit facility in an aggregate principal amount of up to $1.8 billion (the “Revolving Facility”).”
NORTHROP GRUMMAN CORP /DE/ incurred senior notes of $500,000,000 with The Bank of New York Mellon at 5.250% maturing July 15, 2035.
“On May 29, 2025, Northrop Grumman Corporation (the “Company”) issued $500,000,000 in aggregate principal amount of 4.650% senior notes due 2030 (the “2030 Notes”) and $500,000,000 in aggregate principal amount of 5.250% senior notes due 2035 (the “2035 Notes” and, together with the 2030 Notes, the “Notes”).”
NORTHROP GRUMMAN CORP /DE/ incurred senior notes of $500,000,000 with The Bank of New York Mellon at 4.650% maturing July 15, 2030.
“On May 29, 2025, Northrop Grumman Corporation (the “Company”) issued $500,000,000 in aggregate principal amount of 4.650% senior notes due 2030 (the “2030 Notes”) and $500,000,000 in aggregate principal amount of 5.250% senior notes due 2035 (the “2035 Notes” and, together with the 2030 Notes, the “Notes”).”
SOUTH DAKOTA SOYBEAN PROCESSORS LLC amended revolving credit with CoBank, ACB maturing March 20, 2030.
“The Restated Term Note extends the maturity date from March 20, 2028 to March 20, 2030.”
Enpro Inc. incurred senior notes of $450 million with U.S. Bank Trust Company, National Association at 6.125% per annum maturing June 1, 2033.
“On May 29, 2025, the Company issued $450 million in aggregate principal amount of its 6.125% Senior Notes due 2033 (the “Senior Notes”) pursuant to an Indenture (the “Indenture”) dated as of May 29, 2025 among the Company, certain of its subsidiaries listed below and U.S. Bank Trust Company, National Association, as trustee.”
CIVITAS RESOURCES, INC. amended credit facility of $3.3 billion borrowing base with JPMorgan Chase Bank, N.A. (as administrative agent).
“On May 28, 2025, Civitas Resources, Inc., a Delaware corporation (the “Company”), the guarantors party thereto (the “Guarantors”), the lenders party thereto, and JPMorgan Chase Bank, N.A., as the administrative agent (the “Administrative Agent”) entered into an Eighth Amendment to Amended and Restated Credit Agreement (the “Eighth Amendment”), which Eighth Amendment amends the terms of that certain Amended and Restated Credit Agreement, dated as of November 1, 2021, among the Company, the Guarantors, each lender from time to time party thereto, and the Administrative Agent (the “Credit Agreement”). The Eighth Amendment amends the Credit Agreement to, among other things: (i) reduce the Borrowing Base (as defined in the Credit Agreement) from $3.4 billion to $3.3 billion, (ii) reaffirm the elected loan limit under the Credit Agreement at $2.5 billion, and (iii) modify the definition of “Revolving Credit Maturity Date” in the Credit Agreement to remove the springing maturity requirement t”
Solaris Energy Infrastructure, Inc. incurred credit facility of $550,000,000.00 with Stonebriar Commercial Finance LLC.
“On May 23, 2025, Stateline Power, LLC (“Stateline”), a joint venture between Solaris Power Solutions Stateline, LLC, a wholly owned subsidiary of Solaris Energy Infrastructure, Inc.’s (“Solaris”) operating subsidiary, Solaris Energy Infrastructure, LLC, and CTC Property LLC, entered into a loan and security agreement (the “Loan and Security Agreement”) with Stonebriar Commercial Finance LLC (“Stonebriar”), as initial lender and as administrative agent and collateral agent for the lenders party thereto, pursuant to which Stonebriar provided a loan in an aggregate maximum principal amount equal to the lesser of (a) $550,000,000.00 and (b) eighty percent of the total cost of the Equipment Collateral (as defined in the Loan and Security Agreement).”
Hall of Fame Resort & Entertainment Co amended credit facility of $12,000,000 with CH Capital Lending, LLC.
“The Seventh Amendment modifies the definition of “Facility Amount” in Section 1 of the original note and security agreement (as amended prior to the Seventh Amendment) to increase the facility amount from $10,000,000 to $12,000,000 allowing the Borrowers to request an additional $2,000,000 for general corporate purposes, subject to certain restrictions.”
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.