---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-023258"
form_type: "8-K"
ticker: "RM"
cik: "0001519401"
company_name: "Regional Management Corp."
filed_at: "2023-05-19T23:59:59+00:00"
generated_at: "2026-06-14T19:43:37.038532+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Regional Management amends RMR IV warehouse facility; extends maturity to May 2025, margin to 2.80%

## Summary
- Amendment No. 5 to the RMR IV Credit Agreement dated May 15, 2023.
- Scheduled Commitment Termination Date extended to May 19, 2025.
- Interest rate margin increased to 2.80% per annum under a separate letter agreement.
- Certain subsidiaries added as Originators; definitions for Advance Rate, Concentration Limits revised.
- Eligibility criteria for Eligible Receivables clarified.

## SEC filing metadata
- accession: 0000950170-23-023258
- form_type: 8-K
- ticker: RM
- cik: 0001519401
- company_name: Regional Management Corp.
- filed_at: 2023-05-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1519401/000095017023023258/0000950170-23-023258-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1519401/000095017023023258/rm-20230515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-023258
- JSON: https://secwatch.observer/filing/0000950170-23-023258.json
- Plain text: https://secwatch.observer/filing/0000950170-23-023258.txt

## Key facts
- Material Agreements
  Regional Management Corp. amended Amendment No. 5 to the Credit Agreement with Wells Fargo Bank, National Association valued at 2.80% per annum (effective 2023-05-15).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Wells Fargo Bank, National Association
  - Value: 2.80% per annum
  - Effective: 2023-05-15
  source text: Regional Management Corp. (the “ Company ”) and its wholly-owned subsidiary, Regional Management Receivables IV, LLC (“ RMR IV ”), entered into the Amendment No. 5 to the Credit Agreement, dated as of May 15, 2023 (the “ RMR IV Amendment ”), by and among the Company, as servicer, RMR IV, as borrower, the lenders and agents party thereto, Wells Fargo Bank, National Association, (“ Wells Fargo ”), as administrative agent (the “ Administrative Agent ”), and Wells Fargo, acting through its Corporate Trust Services division, as account bank and backup servicer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1519401/000095017023023258/0000950170-23-023258-index.htm

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