secwatch.observer — SEC 8-K summary
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Issuer:     Reservoir Media, Inc. (RSVR)
CIK:        0001824403
Form:       8-K
Filed at:   2025-06-04T23:59:59+00:00
Accession:  0001104659-25-056390
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reservoir Media ups revolving credit facility by $100M to $550M
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- Revolving commitment increased from $450M to $550M via Third Amendment.
- Consolidated net senior debt to music library ratio adjusted from 30% to 37.5%.
- Accordion feature reset to $150M incremental borrowing capacity.
- Non-wholly-owned foreign subsidiaries excluded from guarantee requirements.
- No Default or Event of Default exists after amendment effectiveness.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1824403/000110465925056390/0001104659-25-056390-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1824403/000110465925056390/tm2517072d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-056390

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