secwatch / observer
8-K filed September 8, 2023, 7:59 PM ET ticker UP CIK 0001819516
debt confidence high sentiment neutral materiality 0.75

Wheels Up Experience Inc. (UP): debt financing — Wheels Up increases Delta note by $15M to $60M total

Wheels Up Experience Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Wheels Up Experience Inc. incurred senior notes of up to an additional $15.0 million with Delta Air Lines, Inc..

Instrument
senior notes
Principal
up to an additional $15.0 million
Counterparty
Delta Air Lines, Inc.
Event
incurrence
Exact text from the filing
to increase the aggregate principal amount of the Note by up to an additional $15.0 million, of which the additional $15.0 million was received by the Company on September 6, 2023
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Wheels Up Experience Inc. entered into Third Amendment to Secured Promissory Note with Delta Air Lines, Inc. valued at $15.0 million (effective 2023-09-06).

Action
entry
Agreement
notes offering
Counterparty
Delta Air Lines, Inc.
Value
$15.0 million
Effective
2023-09-06
Exact text from the filing
the Company and Delta entered into the Third Amendment to Secured Promissory Note (the "Note Third Amendment" and together with the Note, the "Amended Note"), to increase the aggregate principal amount of the Note by up to an additional $15.0 million, of which the additional $15.0 million was received by the Company on September 6, 2023.
View on SEC.gov

101 debt financings filed in the last 30 days. Browse all debt financings →

Wheels Up Experience Inc. filing history →

Source: SEC EDGAR
accession 0001104659-23-099371
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.