secwatch.observer — SEC 8-K summary
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Issuer:     Walker & Dunlop, Inc. (WD)
CIK:        0001497770
Form:       8-K
Filed at:   2025-03-07T23:59:59+00:00
Accession:  0001104659-25-021769
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Walker & Dunlop prices $450M term loan at SOFR+2.00%, $50M revolver at SOFR+1.75%
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- $450M term loan initially bears SOFR+2.00%; margin steps down 25bps if leverage ratio ≤2.00x.
- $50M revolving credit facility priced at SOFR+1.75% with a three-year term.
- J.P. Morgan serves as administrative agent and lead arranger; Bank of America co-provides revolver.
- Closing expected March 14, 2025, subject to market and customary conditions.
- Proceeds to reduce existing senior secured term loan balance and pay fees/expenses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1497770/000110465925021769/0001104659-25-021769-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1497770/000110465925021769/tm258394d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-021769

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