---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-041129"
form_type: "8-K"
ticker: "IMXI"
cik: "0001683695"
company_name: "International Money Express, Inc."
filed_at: "2022-11-14T23:59:59+00:00"
generated_at: "2026-06-21T20:36:41.627044+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# International Money Express replaces LIBOR with SOFR, eases restricted payment limits

## Summary
- Amendment replaces LIBOR with SOFR plus 0.10% adjustment; margin ranges 2.50%-3.00%.
- Restricted payments (incl. stock buybacks) allowed up to $23.75M or 25% of EBITDA per year, or unlimited if leverage ≤2.25x.
- Base Rate interest also revised to reference SOFR; margin 1.50%-2.00%.
- Amendment effective Nov 10, 2022; Credit Agreement otherwise unchanged.
- Loan parties waived all claims against lenders up to the amendment date.

## SEC filing metadata
- accession: 0001140361-22-041129
- form_type: 8-K
- ticker: IMXI
- cik: 0001683695
- company_name: International Money Express, Inc.
- filed_at: 2022-11-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1683695/000114036122041129/0001140361-22-041129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1683695/000114036122041129/brhc10043885_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-041129
- JSON: https://secwatch.observer/filing/0001140361-22-041129.json
- Plain text: https://secwatch.observer/filing/0001140361-22-041129.txt

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