secwatch / observer
8-K filed February 23, 2023, 6:59 PM ET ticker III CIK 0001371489
debt confidence high sentiment positive materiality 0.55

Information Services Group Inc. (III): debt financing — ISG amends credit facility to $140M all-revolver, extends maturity to 2028, eliminates $4.3M annual payments

Information Services Group Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

Information Services Group Inc. amended credit facility of $140,000,000 revolving credit facility with the Lenders at Base Rate or Term SOFR plus applicable margin (initial 0.50% for Base Rate loans maturing February 22, 2028.

Instrument
credit facility
Principal
$140,000,000 revolving credit facility
Counterparty
the Lenders
Rate
Base Rate or Term SOFR plus applicable margin (initial 0.50% for Base Rate loans
Maturity
February 22, 2028
Event
amendment
Exact text from the filing
On February 22, 2023, Information Services Group, Inc. (“ISG” or the “Company”) entered into a third amended and restated senior secured credit facility comprising a $140,000,000 revolving credit facility (the “Amended and Restated Credit Agreement”), amending and restating the second amended and restated senior secured credit facility entered into on March 10, 2020 (the “Existing Credit Agreement”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 1.0

Information Services Group Inc. amended Amended and Restated Credit Agreement valued at $140,000,000 (effective 2023-02-22).

Action
amendment
Agreement
credit facility
Value
$140,000,000
Effective
2023-02-22
Exact text from the filing
On February 22, 2023, Information Services Group, Inc. (“ISG” or the “Company”) entered into a third amended and restated senior secured credit facility comprising a $140,000,000 revolving credit facility (the “Amended and Restated Credit Agreement”), amending and restating the second amended and restated senior secured credit facility entered into on March 10, 2020 (the “Existing Credit Agreement”).
View on SEC.gov

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Information Services Group Inc. filing history →

Source: SEC EDGAR
accession 0001104659-23-024521
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