Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Terra Income Fund 6, LLC amended credit facility with Eagle Point Credit Management LLC, as administrative agent and collateral agent, and certain funds and accounts managed by Eagle Point, as lenders at floating rate based on Secured Overnight Financing Rate ("SOFR") (with a 5.00% f maturing March 31, 2024.
- Instrument
- credit facility
- Counterparty
- Eagle Point Credit Management LLC, as administrative agent and collateral agent, and certain funds and accounts managed by Eagle Point, as lenders
- Rate
- floating rate based on Secured Overnight Financing Rate ("SOFR") (with a 5.00% f
- Maturity
- March 31, 2024
- Event
- amendment
Exact text from the filing
the Company, Eagle Point and the Lenders entered into an amendment to the Credit Agreement, pursuant to which the Credit Agreement was amended to, among other things, (i) extend the scheduled maturity date to March 31, 2024, and (ii) increase the rate on which the loans bear interest from a fixed rate of 5.625% per annum to a floating rate based on Secured Overnight Financing Rate ("SOFR") (with a 5.00% floor) + 7.375%.
View on SEC.gov