Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Everforth Inc amended credit facility of $498,750,000 with Wells Fargo Bank, National Association at adjusted Term SOFR plus an applicable margin of 1.75% per annum.
- Instrument
- credit facility
- Principal
- $498,750,000
- Counterparty
- Wells Fargo Bank, National Association
- Rate
- adjusted Term SOFR plus an applicable margin of 1.75% per annum
- Event
- amendment
Exact text from the filing
the Amendment refinances the Company’s existing term loans with a refinancing term loan in an initial principal amount of $498,750,000. The refinancing term loan will bear interest at a floating rate, which can be either, at the Company’s option, (a) adjusted Term SOFR plus an applicable margin of 1.75% per annum or (b) an alternate base rate plus an applicable margin of 1.00% per annum.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Everforth Inc amended First Amendment to Third Amended and Restated Credit Agreement with Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto valued at $498,750,000 (effective 2024-03-13).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto
- Value
- $498,750,000
- Effective
- 2024-03-13
Exact text from the filing
On March 13, 2024, ASGN Incorporated (the “Company”) entered into a First Amendment to Third Amended and Restated Credit Agreement (the “Amendment”) with Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto.
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