debt
confidence high
sentiment neutral
materiality 0.50
Bowlero increases revolver by $50M to $285M via Tenth Amendment
Lucky Strike Entertainment Corp
- Incremental revolving commitments total $50M, same terms as existing commitments.
- Total revolver capacity now $285M; incremental commitments undrawn as of June 18, 2024.
- Borrower Kingpin Intermediate Holdings LLC; Bowlero Corp. as Holdings; JPMorgan Chase agent.
- Tenth Amendment effective June 18, 2024; all prior loan documents reaffirmed.