secwatch.observer — SEC 8-K summary
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Issuer:     ExlService Holdings, Inc. (EXLS)
CIK:        0001297989
Form:       8-K
Filed at:   2022-04-20T23:59:59+00:00
Accession:  0001104659-22-047905
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ExlService refinances $400M revolving credit facility, extends maturity to 2027, replaces LIBOR with SOFR
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- New $400M revolving credit facility with maturity extended to April 18, 2027 (from Nov 2022).
- Reference rate changed from LIBOR to SOFR for USD borrowings.
- Citibank continues as administrative agent; lenders include PNC, TD, HSBC, JPMorgan, Bank of America.
- The amendment restates prior credit agreement; no novation, reaffirms loan party obligations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1297989/000110465922047905/0001104659-22-047905-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1297989/000110465922047905/tm2213111d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-047905

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer