---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-25-015439"
form_type: "8-K"
ticker: "LSAK"
cik: "0001041514"
company_name: "LESAKA TECHNOLOGIES INC"
filed_at: "2025-09-09T23:59:59+00:00"
generated_at: "2026-05-17T07:13:24.243713+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Lesaka units enter ZAR 400M revolving credit facility with Rand Merchant Bank

## Summary
- CCC and K2020 can borrow up to ZAR 400M (≈$22.7M at USD/ZAR 17.65) for capital advance business and intercompany loan settlement.
- Interest at Prime Rate minus 0.10% for first year, then Prime plus 0.35%; Prime was 10.50% on Sept 5, 2025.
- Facility matures June 30, 2028; replaces prior lending arrangement and expands available borrowings.
- Structuring fee of ZAR 500K (excl. VAT) payable to lenders.

## SEC filing metadata
- accession: 0001062993-25-015439
- form_type: 8-K
- ticker: LSAK
- cik: 0001041514
- company_name: LESAKA TECHNOLOGIES INC
- filed_at: 2025-09-09T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1041514/000106299325015439/0001062993-25-015439-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1041514/000106299325015439/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-25-015439
- JSON: https://secwatch.observer/filing/0001062993-25-015439.json
- Plain text: https://secwatch.observer/filing/0001062993-25-015439.txt

## Key facts
- Debt Financings
  LESAKA TECHNOLOGIES INC incurred revolving credit of ZAR 400.0 million with FirstRand Bank Limited (acting through its Rand Merchant Bank division) at South Africa prime rate less a margin of 0.10% per annum for the first year and.
  - Instrument: revolving credit
  - Principal: ZAR 400.0 million
  - Counterparty: FirstRand Bank Limited (acting through its Rand Merchant Bank division)
  - Rate: South Africa prime rate less a margin of 0.10% per annum for the first year and
  - Event: incurrence
  source text: in certain business combinations and engage in other corporate activities. The Transaction contemplates that, CCC and K2020 collectively may borrow up to an aggregate of ZAR 400.0 million (" Revolving Credit Facility ") for the sole purposes of funding CCC's and K2020's capital advance businesses, settling up to ZAR 20.0 million related to an intercompany loan to
  evidence_url: https://www.sec.gov/Archives/edgar/data/1041514/000106299325015439/0001062993-25-015439-index.htm

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