secwatch.observer — SEC 8-K summary
======================================

Issuer:     Emerald Holding, Inc. (EEX)
CIK:        0001579214
Form:       8-K/A
Filed at:   2023-06-15T23:59:59+00:00
Accession:  0000950170-23-028093
Event type: debt
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Emerald extends term loan maturity to 2026; rate jumps to SOFR+5%+0.10%
-----------------------------------------------------------------------

- Maturity extended from May 2024 to May 2026 on ~$415M term loan.
- Interest rate increased to SOFR+5.00%+0.10% (or ABR+4%) from LIBOR+2.50%-2.75%.
- Prepayment premium: 2% within 12 months, 1% between 12-18 months.
- Quarterly amortization reset to 0.25% of original principal (~$1.04M/quarter).
- No changes to revolver borrowing terms or principal amount.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579214/000095017023028093/0000950170-23-028093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579214/000095017023028093/eex-20230612.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-028093

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer