secwatch / observer
8-K filed April 3, 2024, 7:59 PM ET ticker RM CIK 0001519401
debt confidence high sentiment neutral materiality 0.60

Regional Management amends four warehouse credit facilities, adjusting advance rates, leverage, and trigger events

Regional Management Corp.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Regional Management Corp. amended Amendment No. 5 to Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent and Wells Fargo, acting through its Corporate Trust Services division, as account bank and backup servicer (effective 2024-03-29).

Action
amendment
Agreement
credit facility
Counterparty
JPMorgan Chase Bank, N.A., as administrative agent and Wells Fargo, acting through its Corporate Trust Services division, as account bank and backup servicer
Effective
2024-03-29
Exact text from the filing
On March 29, 2024, the Company and its wholly-owned subsidiary, Regional Management Receivables V, LLC (“ RMR V ”), entered into the Amendment No. 5 to Credit Agreement, dated as of March 29, 2024 (the “ RMR V Amendment ”), by and among the Company, as servicer, RMR V, as borrower, the lenders from time to time parties thereto, JPMorgan Chase Bank, N.A., as administrative agent and Wells Fargo, acting through its Corporate Trust Services division, including its successors and permitted assigns, as account bank and backup servicer.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Regional Management Corp. amended First Amendment to Credit Agreement and Consent with Regions Bank, as administrative agent (effective 2024-03-29).

Action
amendment
Agreement
credit facility
Counterparty
Regions Bank, as administrative agent
Effective
2024-03-29
Exact text from the filing
On March 29, 2024, the Company and its wholly-owned subsidiary, Regional Management Receivables VI, LLC (“ RMR VI ”), entered into the First Amendment to Credit Agreement and Consent, dated as of March 29, 2024 (the “ RMR VI Amendment ”), by and among the Company, as servicer, RMR VI, as borrower, the lenders parties thereto, and Regions Bank, as administrative agent.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Regional Management Corp. amended Omnibus Amendment to Credit Agreement and Account Control Agreement and Consent with Wells Fargo Bank, National Association, as administrative agent, and Computershare Trust Company, N.A., as account bank and backup servicer (effective 2024-03-29).

Action
amendment
Agreement
credit facility
Counterparty
Wells Fargo Bank, National Association, as administrative agent, and Computershare Trust Company, N.A., as account bank and backup servicer
Effective
2024-03-29
Exact text from the filing
On March 29, 2024, Regional Management Corp. (the “ Company ”) and its wholly-owned subsidiary, Regional Management Receivables IV, LLC (“ RMR IV ”), entered into the Omnibus Amendment to Credit Agreement and Account Control Agreement and Consent, dated as of March 29, 2024 (the “ RMR IV Amendment ”), by and among the Company, as servicer, RMR IV, as borrower, the lenders party thereto, Wells Fargo Bank, National Association, a national banking association (“ Wells Fargo ”), as administrative agent, and Computershare Trust Company, N.A., a national banking association (as successor to Wells Fargo), acting through its Corporate Trust Services division, as account bank and backup servicer.
View on SEC.gov

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Regional Management Corp. filing history →

Source: SEC EDGAR
accession 0000950170-24-041128
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