Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
JACK HENRY & ASSOCIATES INC incurred term loan of $180 million with Truist Bank at adjusted Term SOFR or an alternate base rate maturing two years.
- Instrument
- term loan
- Principal
- $180 million
- Counterparty
- Truist Bank
- Rate
- adjusted Term SOFR or an alternate base rate
- Maturity
- two years
- Event
- incurrence
Exact text from the filing
On May 16, 2023, Jack Henry & Associates, Inc. (the “Company”) entered into a two-year, $180 million Term Loan Agreement among the Company, as borrower, the lenders party thereto, Truist Bank, as administrative agent, and certain other financial institutions as joint lead arrangers and joint book runners (the “Term Loan Agreement”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
JACK HENRY & ASSOCIATES INC amended Credit Agreement Amendment with U.S. Bank, National Association, as administrative agent (effective 2023-05-16).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- U.S. Bank, National Association, as administrative agent
- Effective
- 2023-05-16
Exact text from the filing
Also on May 16, 2023, the Company entered into an amendment (the “Credit Agreement Amendment”) to its Amended and Restated Credit Agreement, dated as of August 31, 2022, by and among the Company, as borrower, the lenders party thereto and U.S. Bank, National Association, as administrative agent (the “Revolving Credit Agreement”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
JACK HENRY & ASSOCIATES INC entered into Term Loan Agreement with lenders party thereto, Truist Bank, as administrative agent valued at $180 million (effective 2023-05-16).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- lenders party thereto, Truist Bank, as administrative agent
- Value
- $180 million
- Effective
- 2023-05-16
Exact text from the filing
On May 16, 2023, Jack Henry & Associates, Inc. (the “Company”) entered into a two-year, $180 million Term Loan Agreement among the Company, as borrower, the lenders party thereto, Truist Bank, as administrative agent, and certain other financial institutions as joint lead arrangers and joint book runners (the “Term Loan Agreement”).
View on SEC.gov