Regional Management Corp. enters $75M revolving warehouse credit agreement for consumer loan financing

Regional Management Corp.

$75 million warehouse facility secured by consumer loans and a SUBI certificate.
Advance rate 80% (74% upon Level I Trigger Event); interest at Adjusted Term SOFR + 3.00% margin plus step-up.
Revolving period through October 3, 2024; legal final maturity 12 months after revolving period ends.
Covenants include delinquency, charge-off, and excess spread ratio maintenance; trigger events could accelerate maturity.
BMO Capital Markets Corp. serves as administrative agent; Computershare as backup servicer.

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