secwatch.observer — SEC 8-K summary
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Issuer:     ArrowMark Financial Corp. (BANX)
CIK:        0001578987
Form:       8-K
Filed at:   2022-06-03T23:59:59+00:00
Accession:  0001104659-22-067981
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

ArrowMark Financial amends credit facility, ups revolver to $70M and extends to 2025
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- Maximum revolving credit increased to $70M from $62M under amended credit agreement.
- Interest rate now based on Secured Overnight Financing Rate (SOFR).
- Maturity extended to May 27, 2025, with an option to extend to May 27, 2026.
- Two new lenders joined the lending group at closing.
- Proceeds to be used for banking-related investments and working capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1578987/000110465922067981/0001104659-22-067981-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1578987/000110465922067981/tm2217616d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-067981

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