Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
MYRIAD GENETICS INC incurred revolving credit of $90,000,000 with JP Morgan Chase Bank, N.A., as Administrative Agent and as Issuing Bank at ABR plus an applicable margin ranging from 1.00% to 1.50% or Adjusted Term SOFR maturing June 30, 2026.
- Instrument
- revolving credit
- Principal
- $90,000,000
- Counterparty
- JP Morgan Chase Bank, N.A., as Administrative Agent and as Issuing Bank
- Rate
- ABR plus an applicable margin ranging from 1.00% to 1.50% or Adjusted Term SOFR
- Maturity
- June 30, 2026
- Event
- incurrence
Exact text from the filing
On June 30, 2023 (the "Closing Date"), Myriad Genetics, Inc. (the "Company") entered into a Credit Agreement (the "Credit Agreement") with the lenders from time to time party thereto ("Lenders"), certain of the Company's domestic subsidiaries party thereto (the "Guarantors"), and JP Morgan Chase Bank, N.A., as Administrative Agent (in such capacity, "Administrative Agent") and as Issuing Bank, consisting of a revolving credit facility in an initial maximum principal amount of $90,000,000, with an option to increase the maximum principal amount by up to $25,000,000 (the "Credit Facility").
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
MYRIAD GENETICS INC entered into Credit Agreement with JP Morgan Chase Bank, N.A., as Administrative Agent and as Issuing Bank, and the lenders from time to time party thereto valued at $90,000,000 (effective 2023-06-30).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- JP Morgan Chase Bank, N.A., as Administrative Agent and as Issuing Bank, and the lenders from time to time party thereto
- Value
- $90,000,000
- Effective
- 2023-06-30
Exact text from the filing
On June 30, 2023 (the “Closing Date”), Myriad Genetics, Inc. (the “Company”) entered into a Credit Agreement (the “Credit Agreement”) with the lenders from time to time party thereto (“Lenders”), certain of the Company’s domestic subsidiaries party thereto (the “Guarantors”), and JP Morgan Chase Bank, N.A., as Administrative Agent (in such capacity, “Administrative Agent”) and as Issuing Bank, consisting of a revolving credit facility in an initial maximum principal amount of $90,000,000, with an option to increase the maximum principal amount by up to $25,000,000 (the “Credit Facility”).
View on SEC.gov