FIRST ADVANTAGE CORP (FA): debt financing — First Advantage reduces interest rates on term loan and revolver by 0.50% via Amendment No. 5

FIRST ADVANTAGE CORP

Reduced term loan interest rate by 0.50% to 2.50%-2.75% plus SOFR on facility due October 31, 2031.
Reduced revolver interest rate by 0.50% to 2.25%-2.75% plus SOFR on $250M facility due October 31, 2029.
Amendment No. 5 entered on July 30, 2025 by First Advantage Holdings, LLC with Bank of America as administrative agent.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

FIRST ADVANTAGE CORP amended term loan with Bank of America, N.A. at 2.50% to 2.75%, based on the first lien ratio, plus SOFR maturing October 31, 2031.

Instrument: term loan
Counterparty: Bank of America, N.A.
Rate: 2.50% to 2.75%, based on the first lien ratio, plus SOFR
Maturity: October 31, 2031
Event: amendment

Exact text from the filing

reduced the interest rate on the term loan facility due October 31, 2031 by 0.50% to a range of 2.50% to 2.75%, based on the first lien ratio, plus SOFR

View on SEC.gov

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

FIRST ADVANTAGE CORP amended revolving credit of $250.0 million with Bank of America, N.A. at 2.25% to 2.75%, based on the first lien ratio, plus SOFR maturing October 31, 2029.

Instrument: revolving credit
Principal: $250.0 million
Counterparty: Bank of America, N.A.
Rate: 2.25% to 2.75%, based on the first lien ratio, plus SOFR
Maturity: October 31, 2029
Event: amendment

Exact text from the filing

reduced the interest rate on the $250.0 million revolving credit facility due October 31, 2029 by 0.50% to a range of 2.25% to 2.75%, based on the first lien ratio, plus SOFR

View on SEC.gov

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Source: SEC EDGAR

accession 0000950170-25-102016

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