---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-129223"
form_type: "8-K"
ticker: "AENT"
cik: "0001823584"
company_name: "ALLIANCE ENTERTAINMENT HOLDING CORP"
filed_at: "2023-12-26T23:59:59+00:00"
generated_at: "2026-06-07T07:29:18.993818+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Alliance Entertainment closes new $120M senior secured credit facility with White Oak

## Summary
- New 3-year $120M asset-based revolving credit facility matures December 21, 2026; replaces existing Bank of America revolver.
- Interest at 30-day SOFR plus 4.50% to 4.75% margin depending on utilization and fixed charge coverage; unused fee 0.5%.
- Proceeds used to retire prior facility, fund working capital, and for general corporate purposes.
- Financial covenant requires fixed charge coverage ratio of at least 1.0x on a trailing twelve-month basis.
- CEO Jeff Walker says reducing line to control costs; Chairman Bruce Ogilvie cites support for automation and cost-reduction initiatives.

## SEC filing metadata
- accession: 0001104659-23-129223
- form_type: 8-K
- ticker: AENT
- cik: 0001823584
- company_name: ALLIANCE ENTERTAINMENT HOLDING CORP
- filed_at: 2023-12-26T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823584/000110465923129223/0001104659-23-129223-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823584/000110465923129223/tm2333565d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-129223
- JSON: https://secwatch.observer/filing/0001104659-23-129223.json
- Plain text: https://secwatch.observer/filing/0001104659-23-129223.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.