Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
RB GLOBAL INC. incurred term loan of up to $1.825 billion with Bank of America, N.A., as administrative agent at a rate per annum equal to, (A) for U.S. dollar borrowings, either a base rate, a maturing not explicit.
- Instrument
- term loan
- Principal
- up to $1.825 billion
- Counterparty
- Bank of America, N.A., as administrative agent
- Rate
- a rate per annum equal to, (A) for U.S. dollar borrowings, either a base rate, a
- Maturity
- not explicit
- Event
- incurrence
Exact text from the filing
provides commitments for a term loan A facility in an aggregate principal amount of up to $1.825 billion (the “TLA Facility”) to be used to finance, in part, the IAA merger
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
RB GLOBAL INC. amended Sixth Amendment with Bank of America, N.A., as administrative agent, U.S. swing line lender and a letter of credit issuer and the other lenders party thereto (effective 2022-12-09).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Bank of America, N.A., as administrative agent, U.S. swing line lender and a letter of credit issuer and the other lenders party thereto
- Effective
- 2022-12-09
Exact text from the filing
On December 9, 2022, Ritchie Bros. Auctioneers Incorporated (the “Company”) entered into a sixth amendment (the “Sixth Amendment”) to the Credit Agreement
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