Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Sonendo, Inc. amended credit facility with Perceptive Credit Holdings III, LP.
- Instrument
- credit facility
- Counterparty
- Perceptive Credit Holdings III, LP
- Event
- amendment
Exact text from the filing
On January 13, 2023 (the “Effective Date”), Sonendo, Inc. (the “Company”), entered into Amendment No. 2 (the “Amendment”) to its Amended and Restated Credit Agreement and Guaranty, dated August 23, 2021, by and among the Company, the subsidiary guarantors named therein, the lenders party thereto and Perceptive Credit Holdings III, LP (as amended, the “Credit Agreement”). The Amendment amends the Credit Agreement in order to replace the existing One-Month Term LIBOR benchmark interest rate with a One-Month Term SOFR benchmark interest rate (as defined in the Amendment) and make certain other conforming changes.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Sonendo, Inc. amended Amended and Restated Credit Agreement and Guaranty with Perceptive Credit Holdings III, LP valued at Amendment replaced existing One-Month Term LIBOR benchmark interest rate with One-Month Term SOFR be (effective 2023-01-13).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Perceptive Credit Holdings III, LP
- Value
- Amendment replaced existing One-Month Term LIBOR benchmark interest rate with One-Month Term SOFR be
- Effective
- 2023-01-13
Exact text from the filing
On January 13, 2023 (the “Effective Date”), Sonendo, Inc. (the “Company”), entered into Amendment No. 2 (the “Amendment”) to its Amended and Restated Credit Agreement and Guaranty, dated August 23, 2021, by and among the Company, the subsidiary guarantors named therein, the lenders party thereto and Perceptive Credit Holdings III, LP (as amended, the “Credit Agreement”).
View on SEC.gov