secwatch.observer — SEC 8-K summary
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Issuer:     Ranpak Holdings Corp. (PACK)
CIK:        0001712463
Form:       8-K
Filed at:   2024-12-16T23:59:59+00:00
Accession:  0000950103-24-017786
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ranpak completes allocation of $410M term loan facility to refinance existing credit facilities
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- $410M first lien term facility maturing Dec 2031; $50M revolver maturing Dec 2029.
- SOFR margin initially 4.50% (range 4.50%-4.25%); base rate margin initially 3.50%.
- Proceeds to refinance existing senior secured credit facilities in full.
- Closing expected Q4 2024, subject to market and other conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1712463/000095010324017786/0000950103-24-017786-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1712463/000095010324017786/dp222132_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-24-017786

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