Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.99
ARTIVION, INC. incurred credit facility of $190.0 million secured term loan facility, $100.0 million secured delayed draw term loan facility, and $60.0 million sec with Ares Capital Corporation at Term Loan Facilities: base rate plus 5.50% or SOFR plus 6.50%, stepping down to maturing January 18, 2030.
- Instrument
- credit facility
- Principal
- $190.0 million secured term loan facility, $100.0 million secured delayed draw term loan facility, and $60.0 million sec
- Counterparty
- Ares Capital Corporation
- Rate
- Term Loan Facilities: base rate plus 5.50% or SOFR plus 6.50%, stepping down to
- Maturity
- January 18, 2030
- Event
- incurrence
Exact text from the filing
On January 18, 2024 (the "Closing Date"), Artivion, Inc. ("Artivion") entered into a Credit and Guaranty Agreement (the "Credit Agreement"), among Artivion, as borrower, certain subsidiaries of Artivion, as guarantors, the lenders from time to time party thereto and Ares Capital Corporation, as administrative agent and collateral agent. The Credit Agreement provides for a $190.0 million secured term loan facility (the "Initial Term Loan Facility"), a $100.0 million secured delayed draw term loan facility (the "Delayed Draw Term Loan Facility" and, together with the Initial Term Loan Facility, the "Term Loan Facilities") and a $60.0 million "senior-priority" secured revolving credit facility (the "Revolving Credit Facility" and, together with the Term Loan Facilities, the "Credit Facilities").
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
ARTIVION, INC. entered into Credit and Guaranty Agreement with Ares Capital Corporation valued at $190.0 million secured term loan facility; $100.0 million secured delayed draw term loan facility; $ (effective 2024-01-18).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Ares Capital Corporation
- Value
- $190.0 million secured term loan facility; $100.0 million secured delayed draw term loan facility; $
- Effective
- 2024-01-18
Exact text from the filing
On January 18, 2024 (the “Closing Date”), Artivion, Inc. (“Artivion”) entered into a Credit and Guaranty Agreement (the “Credit Agreement”), among Artivion, as borrower, certain subsidiaries of Artivion, as guarantors, the lenders from time to time party thereto and Ares Capital Corporation, as administrative agent and collateral agent.
View on SEC.gov