secwatch.observer — SEC 8-K summary
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Issuer:     EverCommerce Inc. (EVCM)
CIK:        0001853145
Form:       8-K
Filed at:   2021-11-23T23:59:59+00:00
Accession:  0001140361-21-039191
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EverCommerce upsizes term loan by $200M to $550M for general corporate purposes
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- Added $200M incremental term loans to existing $350M facility, now $550M total.
- New loans bear interest at LIBOR + 3.25% (min 0.5%); issued at 99.75% of par.
- Proceeds used for general corporate purposes, including repayment of revolver borrowings.
- KKR Corporate Lending ($190M) and Royal Bank of Canada ($10M) provide the new tranche.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853145/000114036121039191/0001140361-21-039191-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853145/000114036121039191/brhc10031152_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-21-039191

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