---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-111237"
form_type: "8-K"
ticker: "RM"
cik: "0001519401"
company_name: "Regional Management Corp."
filed_at: "2025-08-25T23:59:59+00:00"
generated_at: "2026-05-17T10:12:31.498995+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Regional Management Corp. enters new $355M senior revolving credit facility with improved terms

## Summary
- New facility of up to $355M, expandable to $420M, with BMO as agent; matures August 2028.
- Interest rate spread reduced from 310 bps to 275 bps; maximum leverage increased to 6.0x from 5.25x.
- Terminated prior $355M facility that was due September 2025; prior obligations refinanced.
- Warehouse facility amendments align definitions with new senior facility; net worth covenant set at 6.0x.

## SEC filing metadata
- accession: 0000950170-25-111237
- form_type: 8-K
- ticker: RM
- cik: 0001519401
- company_name: Regional Management Corp.
- filed_at: 2025-08-25T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1519401/000095017025111237/0000950170-25-111237-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1519401/000095017025111237/rm-20250819.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-111237
- JSON: https://secwatch.observer/filing/0000950170-25-111237.json
- Plain text: https://secwatch.observer/filing/0000950170-25-111237.txt

## Key facts
- Debt Financings
  Regional Management Corp. incurred revolving credit of up to $355.0 million with BMO Harris Financing, Inc., Banc of California, Texas Capital Bank, EverBank, N.A., and First Horizon Bank, with Bank of Montreal ("BMO"), as agent at one-month SOFR, with a SOFR floor of 0.50%, plus a margin of 2.75% maturing August 19, 2028.
  - Instrument: revolving credit
  - Principal: up to $355.0 million
  - Counterparty: BMO Harris Financing, Inc., Banc of California, Texas Capital Bank, EverBank, N.A., and First Horizon Bank, with Bank of Montreal ("BMO"), as agent
  - Rate: one-month SOFR, with a SOFR floor of 0.50%, plus a margin of 2.75%
  - Maturity: August 19, 2028
  - Event: incurrence
  source text: N.A., and First Horizon Bank, with Bank of Montreal (“ BMO ”), as agent. The key aspects of the Loan Agreement are as follows: (i) a senior revolving credit facility of up to $355.0 million, with an accordion provision allowing for expansion to $420.0 million; (ii) maximum leverage under the Loan Agreement increased from 5.25x in the Prior Loan Agreement (as defined
  evidence_url: https://www.sec.gov/Archives/edgar/data/1519401/000095017025111237/0000950170-25-111237-index.htm

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