---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-027089"
form_type: "8-K"
ticker: "XBP"
cik: "0001839530"
company_name: "XBP Global Holdings, Inc."
filed_at: "2026-03-12T23:59:59+00:00"
generated_at: "2026-05-15T13:49:42.723259+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# XBP Global amends ABL credit agreement; eliminates $7.5M excess availability covenant

## Summary
- Third Amendment to ABL Credit Agreement dated March 6, 2026 eliminates minimum excess availability of $7.5M.
- Temporary availability block through June 30, 2026 reduces borrowing capacity if fixed charge coverage ratio below 1.00:1.00.
- Advance rate for eligible investment grade billed accounts temporarily increased to 95% through Sept 30, 2026.
- Borrowing base calculation adjusted; cash dominion period mechanics amended; deferred revolving loan origination fee reset.

## SEC filing metadata
- accession: 0001104659-26-027089
- form_type: 8-K
- ticker: XBP
- cik: 0001839530
- company_name: XBP Global Holdings, Inc.
- filed_at: 2026-03-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- 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/1839530/000110465926027089/0001104659-26-027089-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1839530/000110465926027089/xbp-20260306x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-027089
- JSON: https://secwatch.observer/filing/0001104659-26-027089.json
- Plain text: https://secwatch.observer/filing/0001104659-26-027089.txt

## Key facts
- Material Agreements
  XBP Global Holdings, Inc. amended Limited Waiver and Third Amendment with MidCap Funding IV Trust, as administrative agent, and the lenders party thereto (effective 2026-03-06).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: MidCap Funding IV Trust, as administrative agent, and the lenders party thereto
  - Effective: 2026-03-06
  source text: On March 6, 2026, XBP Americas, LLC (the “Borrower”), the guarantors party thereto, MidCap Funding IV Trust, as administrative agent (the “Agent”), and the lenders party thereto (the “Lenders”) entered into a Limited Waiver and Third Amendment (the “Third Amendment”) to that certain Credit and Security Agreement, dated as of July 29, 2025 (the “ABL Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1839530/000110465926027089/0001104659-26-027089-index.htm

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