---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-002466"
form_type: "8-K"
ticker: "RPAY"
cik: "0001720592"
company_name: "Repay Holdings Corp"
filed_at: "2023-02-10T23:59:59+00:00"
generated_at: "2026-06-19T18:08:30.372106+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Repay Holdings amends credit agreement to replace LIBOR with SOFR

## Summary
- Third Amendment to Amended Credit Agreement signed Feb 9, 2023.
- Replaces LIBOR interest rate benchmark with SOFR; other ministerial changes.
- All other material terms of the credit agreement remain unchanged.

## SEC filing metadata
- accession: 0000950170-23-002466
- form_type: 8-K
- ticker: RPAY
- cik: 0001720592
- company_name: Repay Holdings Corp
- filed_at: 2023-02-10T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1720592/000095017023002466/0000950170-23-002466-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1720592/000095017023002466/rpay-20230209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-002466
- JSON: https://secwatch.observer/filing/0000950170-23-002466.json
- Plain text: https://secwatch.observer/filing/0000950170-23-002466.txt

## Key facts
- Debt Financings
  Repay Holdings Corp amended revolving credit with Truist Bank, as administrative agent at replaced LIBOR with SOFR.
  - Instrument: revolving credit
  - Counterparty: Truist Bank, as administrative agent
  - Rate: replaced LIBOR with SOFR
  - Event: amendment
  source text: The Amendment amends the Amended Credit Agreement to replace the interest rate benchmark, from London Interbank Offered Rate (“LIBOR”) to Secured Overnight Financing Rate (“SOFR”) and other ministerial changes.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1720592/000095017023002466/0000950170-23-002466-index.htm
- Material Agreements
  Repay Holdings Corp amended Third Amendment with Truist Bank, as administrative agent (effective 2023-02-09).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Truist Bank, as administrative agent
  - Effective: 2023-02-09
  source text: On February 9, 2023, Repay Holdings Corporation (the “Company”) and certain of its subsidiaries entered into a Third Amendment (the “Amendment”) to the Amended and Restated Revolving Credit Agreement (the “Amended Credit Agreement”), dated as of February 3, 2021, by and among the Company, certain subsidiaries of the Company, financial institutions parties thereto as lenders, and Truist Bank, as administrative agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1720592/000095017023002466/0000950170-23-002466-index.htm

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