---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-019558"
form_type: "8-K"
ticker: "BY"
cik: "0001702750"
company_name: "BYLINE BANCORP, INC."
filed_at: "2022-10-14T23:59:59+00:00"
generated_at: "2026-06-23T03:35:39.072536+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Byline Bancorp extends $15M credit facility maturity to Oct 2023, switches to SOFR

## Summary
- Revolving loan commitment remains at $15 million, maturity extended from Oct 7, 2022 to Oct 6, 2023.
- Interest rate benchmark changed from LIBOR to SOFR (Term SOFR + 195 bps) with a floor of 2.00%.
- Existing LIBOR-based loans converted to SOFR loans with 1-month interest period; no breakage fees.
- Amendment updates definitions and loan procedures; no change to negative pledge agreement.

## SEC filing metadata
- accession: 0000950170-22-019558
- form_type: 8-K
- ticker: BY
- cik: 0001702750
- company_name: BYLINE BANCORP, INC.
- filed_at: 2022-10-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1702750/000095017022019558/0000950170-22-019558-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1702750/000095017022019558/by-20221007.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-019558
- JSON: https://secwatch.observer/filing/0000950170-22-019558.json
- Plain text: https://secwatch.observer/filing/0000950170-22-019558.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.