---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-065830"
form_type: "8-K"
ticker: "UPBD"
cik: "0000933036"
company_name: "UPBOUND GROUP, INC."
filed_at: "2024-05-29T23:59:59+00:00"
generated_at: "2026-06-01T07:51:53.604492+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Upbound reprices term loan, cutting applicable margin by 50 bps

## Summary
- May 28, 2024 amendment reduces margin on Term Benchmark/RFR loans from 3.25% to 2.75%.
- ABR loan margin cut from 2.25% to 1.75%; credit spread adjustment on Term SOFR removed.
- JPMorgan Chase remains administrative agent; non-consenting lenders replaced by fronting lender.
- Amendment expected to lower borrowing costs; no change to principal or maturity.

## SEC filing metadata
- accession: 0001104659-24-065830
- form_type: 8-K
- ticker: UPBD
- cik: 0000933036
- company_name: UPBOUND GROUP, INC.
- filed_at: 2024-05-29T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/933036/000110465924065830/0001104659-24-065830-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/933036/000110465924065830/tm2415723d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-065830
- JSON: https://secwatch.observer/filing/0001104659-24-065830.json
- Plain text: https://secwatch.observer/filing/0001104659-24-065830.txt

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