---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-23-021668"
form_type: "8-K"
ticker: "LSAK"
cik: "0001041514"
company_name: "LESAKA TECHNOLOGIES INC"
filed_at: "2023-12-01T23:59:59+00:00"
generated_at: "2026-06-07T19:08:25.371634+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Lesaka amends Facility G and H with FirstRand; new margin based on leverage ratio

## Summary
- Look Through Leverage (LTL) ratio replaces prior margin grid for Senior Facility G and H.
- Applicable Margin ranges from 2.50% to 5.50% above JIBAR, tied to LTL thresholds.
- Amendment effective retroactively from October 1, 2023, subject to conditions precedent.
- Existing guarantees and security remain in full force under the amended documents.

## SEC filing metadata
- accession: 0001062993-23-021668
- form_type: 8-K
- ticker: LSAK
- cik: 0001041514
- company_name: LESAKA TECHNOLOGIES INC
- filed_at: 2023-12-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041514/000106299323021668/0001062993-23-021668-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041514/000106299323021668/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-23-021668
- JSON: https://secwatch.observer/filing/0001062993-23-021668.json
- Plain text: https://secwatch.observer/filing/0001062993-23-021668.txt

## Key facts
- Material Agreements
  LESAKA TECHNOLOGIES INC amended Amendment and Restatement Agreement with FirstRand Bank Limited (acting through its Rand Merchant Bank division) (effective 2023-11-24).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: FirstRand Bank Limited (acting through its Rand Merchant Bank division)
  - Effective: 2023-11-24
  source text: On November 24, 2023, Lesaka Technologies, Inc. ( “Lesaka” ), through Lesaka Technologies Proprietary Limited ( “Lesaka SA” ), entered into an Amendment and Restatement Agreement (the “ Amendment ”), which includes an Amended and Restated Senior Facility G Agreement ( “Facility G Agreement” ) and an Amended and Restated Senior Facility H Agreement ( “Facility H Agreement” ) (collectively, the “ Loan Documents ”) with FirstRand Bank Limited (acting through its Rand Merchant Bank division) (“ RMB ” or the “ Lenders ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1041514/000106299323021668/0001062993-23-021668-index.htm

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