Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
SUNPOWER CORP amended revolving credit of revolving credit capacity under the Credit Agreement will be limited to $50 million with Bank of America, N.A., BMO Bank, N.A., Citibank, N.A., JPMorgan Chase Bank, N.A., and Sol Holding, LLC.
- Instrument
- revolving credit
- Principal
- revolving credit capacity under the Credit Agreement will be limited to $50 million
- Counterparty
- Bank of America, N.A., BMO Bank, N.A., Citibank, N.A., JPMorgan Chase Bank, N.A., and Sol Holding, LLC
- Event
- amendment
Exact text from the filing
parties and unrestricted subsidiaries and junior debt payments. After giving effect to the Amendment, revolving credit capacity under the Credit Agreement will be limited to $50 million and the Company may not issue any new letters of credit or incur swingline loans or incremental facilities pursuant to the Credit Agreement. The foregoing description of the
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
SUNPOWER CORP amended Amendment and Waiver to Credit Agreement with Bank of America, N.A., BMO Bank, N.A., Citibank, N.A., JPMorgan Chase Bank, N.A., and Sol Holding, LLC valued at $25 million of new revolving commitments and access to $25 million of existing revolving commitments (effective 2023-12-08).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Bank of America, N.A., BMO Bank, N.A., Citibank, N.A., JPMorgan Chase Bank, N.A., and Sol Holding, LLC
- Value
- $25 million of new revolving commitments and access to $25 million of existing revolving commitments
- Effective
- 2023-12-08
Exact text from the filing
On December 8, 2023, SunPower Corporation (the “Company”) entered into an Amendment and Waiver to Credit Agreement (the “Amendment”) amending that certain Credit Agreement, dated as of September 12, 2022
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