secwatch.observer — SEC 8-K summary
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Issuer:     Information Services Group Inc. (III)
CIK:        0001371489
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0001104659-23-024521
Event type: debt
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ISG amends credit facility to $140M all-revolver, extends maturity to 2028, eliminates $4.3M annual payments
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- New $140M all-revolving credit facility replaces prior term and revolver loans.
- Eliminates $4.3M of mandatory annual principal payments due in 2023 and 2024.
- Maturity extended by three years to February 2028.
- Facility bears interest at Base Rate or Term SOFR plus applicable margin (initially 0.50% or 1.50%).
- BofA Securities acted as Sole Lead Arranger and Sole Bookrunner.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1371489/000110465923024521/0001104659-23-024521-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1371489/000110465923024521/tm237581d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-024521

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