---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-25-004555"
form_type: "8-K"
ticker: "LSAK"
cik: "0001041514"
company_name: "LESAKA TECHNOLOGIES INC"
filed_at: "2025-03-05T23:59:59+00:00"
generated_at: "2026-05-25T09:00:35.575563+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Lesaka refinances existing debt with ZAR 3.86B in new facilities from FirstRand and Investec

## Summary
- Secured ZAR 2.156B term loan (Facility A) due 2029, margin 3.50% above JIBAR initially.
- Secured ZAR 1.0B amortizing loan (Facility B) with four annual installments, margin 3.15% above JIBAR initially.
- Obtained ZAR 700.9M general banking facility (GBF) at prime minus 0.50%, subject to annual review.
- Full ZAR 2.156B drawn on Feb 28 to refinance existing RMB facilities; also used ZAR 1.0B to repay existing debt.
- Covenants include net debt to EBITDA and interest cover ratios; pledge of Lesaka SA equity as collateral.

## SEC filing metadata
- accession: 0001062993-25-004555
- form_type: 8-K
- ticker: LSAK
- cik: 0001041514
- company_name: LESAKA TECHNOLOGIES INC
- filed_at: 2025-03-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041514/000106299325004555/0001062993-25-004555-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041514/000106299325004555/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-25-004555
- JSON: https://secwatch.observer/filing/0001062993-25-004555.json
- Plain text: https://secwatch.observer/filing/0001062993-25-004555.txt

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