Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
ATN International, Inc. incurred term loan of six-year $130 million term loan facility with CoBank, ACB (as Administrative Agent), Fifth Third Bank, NA, and MUFG Bank, Ltd at SOFR plus applicable margin ranging from 2.00% to 3.75%, or base rate plus margi maturing July 13, 2029, with quarterly principal payments.
- Instrument
- term loan
- Principal
- six-year $130 million term loan facility
- Counterparty
- CoBank, ACB (as Administrative Agent), Fifth Third Bank, NA, and MUFG Bank, Ltd
- Rate
- SOFR plus applicable margin ranging from 2.00% to 3.75%, or base rate plus margi
- Maturity
- July 13, 2029, with quarterly principal payments
- Event
- incurrence
Exact text from the filing
On July 13, 2023, ATN International, Inc. (the "Company"), along with certain of its subsidiaries as guarantors, entered into a Credit Agreement with CoBank, ACB (“ CoBank ”), as Administrative Agent, Lead Arranger, Swingline Lender, an Issuing Lender and a Lender, (the “ Credit Agreement ”), Fifth Third Bank, NA, as Joint Lead Arranger and a Lender, and MUFG Bank, Ltd, as a Joint Lead Arranger and a Lender. Amount . The Credit Agreement provides for a five-year $170 million revolving credit facility (the “ Revolving Loan ”) and a six-year $130 million term loan facility (the “ Term Loan ” and collectively with the Revolving Loan, the “ Credit Facility ”).
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
ATN International, Inc. incurred revolving credit of five-year $170 million revolving credit facility with CoBank, ACB (as Administrative Agent), Fifth Third Bank, NA, and MUFG Bank, Ltd at SOFR plus applicable margin ranging from 1.75% to 3.50%, or base rate plus margi maturing July 13, 2028.
- Instrument
- revolving credit
- Principal
- five-year $170 million revolving credit facility
- Counterparty
- CoBank, ACB (as Administrative Agent), Fifth Third Bank, NA, and MUFG Bank, Ltd
- Rate
- SOFR plus applicable margin ranging from 1.75% to 3.50%, or base rate plus margi
- Maturity
- July 13, 2028
- Event
- incurrence
Exact text from the filing
On July 13, 2023, ATN International, Inc. (the "Company"), along with certain of its subsidiaries as guarantors, entered into a Credit Agreement with CoBank, ACB (“ CoBank ”), as Administrative Agent, Lead Arranger, Swingline Lender, an Issuing Lender and a Lender, (the “ Credit Agreement ”), Fifth Third Bank, NA, as Joint Lead Arranger and a Lender, and MUFG Bank, Ltd, as a Joint Lead Arranger and a Lender. Amount . The Credit Agreement provides for a five-year $170 million revolving credit facility (the “ Revolving Loan ”) and a six-year $130 million term loan facility (the “ Term Loan ” and collectively with the Revolving Loan, the “ Credit Facility ”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.99
ATN International, Inc. entered into Credit Agreement with CoBank, ACB valued at $170 million revolving credit facility and $130 million term loan facility (effective 2023-07-13).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- CoBank, ACB
- Value
- $170 million revolving credit facility and $130 million term loan facility
- Effective
- 2023-07-13
Exact text from the filing
On July 13, 2023, ATN International, Inc. (the "Company"), along with certain of its subsidiaries as guarantors, entered into a Credit Agreement with CoBank, ACB (" CoBank "), as Administrative Agent, Lead Arranger, Swingline Lender, an Issuing Lender and a Lender, (the " Credit Agreement "), Fifth Third Bank, NA, as Joint Lead Arranger and a Lender, and MUFG Bank, Ltd, as a Joint Lead Arranger and a Lender.
View on SEC.gov