secwatch.observer — SEC 8-K summary
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Issuer:     Dauch Corp (DCH)
CIK:        0001062231
Form:       8-K
Filed at:   2024-05-17T23:59:59+00:00
Accession:  0000947871-24-000495
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AAM enters $648M term loan B refinancing, matures Dec 2029 at SOFR+3.00%
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- New $648M Term Loan B facility fully prepays existing term loan B facility.
- Maturity December 13, 2029, unless >$250M senior notes outstanding with near-term maturity triggers earlier date.
- Interest: Term SOFR + 3.00% p.a. (base rate + 2.00%); minimum Term SOFR of 0.00%.
- Proceeds used to repay entire existing term loan B, accrued interest, and fees.
- Revolving credit facility and term loan A terms remain unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1062231/000094787124000495/0000947871-24-000495-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1062231/000094787124000495/ss3397139_8k.htm
  HTML page:      https://secwatch.observer/filing/0000947871-24-000495

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