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

Issuer:     Emerald Holding, Inc. (EEX)
CIK:        0001579214
Form:       8-K
Filed at:   2025-01-30T23:59:59+00:00
Accession:  0000950170-25-011071
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Emerald X (EEX) enters $515M term loan and $110M revolver to refinance existing debt
--------------------------------------------------------------------------------

- $515M senior secured term loan due Jan 2032; $110M revolver due Jan 2030.
- Proceeds used to refinance existing loans; remainder for general purposes and acquisitions.
- Term loan interest at base rate +2.75% or Term SOFR +3.75%; revolver at base +1.25% or SOFR +2.25%.
- Revolver includes financial covenant: total first lien net leverage ratio ≤5.50x, tested only when drawn above 35%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579214/000095017025011071/0000950170-25-011071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579214/000095017025011071/eex-20250130.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-011071

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