Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
EVERTEC, Inc. incurred revolving credit of $200.0 million revolving credit facility with Truist Bank, as administrative agent and collateral agent at Adjusted Term SOFR plus an applicable margin of 1.50% per annum maturing December 1, 2027.
- Instrument
- revolving credit
- Principal
- $200.0 million revolving credit facility
- Counterparty
- Truist Bank, as administrative agent and collateral agent
- Rate
- Adjusted Term SOFR plus an applicable margin of 1.50% per annum
- Maturity
- December 1, 2027
- Event
- incurrence
Exact text from the filing
On December 1, 2022 (the “Closing Date”), EVERTEC, Inc., (“EVERTEC” or the “Company”) and EVERTEC Group, LLC, (“EVERTEC Group” or “Borrower”), a wholly owned indirect subsidiary of EVERTEC, entered into a credit agreement (the “Credit Agreement”) with a syndicate of lenders and Truist Bank (“Truist”), as administrative agent and collateral agent, providing for (i) a $415.0 million term loan A facility (the “Term Loan Facility”) and (ii) a $200.0 million revolving credit facility (the “Revolving Facility”, and together with the Term Loan Facility, the “2022 Credit Facilities”).
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
EVERTEC, Inc. incurred term loan of $415.0 million term loan A facility with Truist Bank, as administrative agent and collateral agent at Adjusted Term SOFR plus an applicable margin of 1.50% per annum maturing December 1, 2027.
- Instrument
- term loan
- Principal
- $415.0 million term loan A facility
- Counterparty
- Truist Bank, as administrative agent and collateral agent
- Rate
- Adjusted Term SOFR plus an applicable margin of 1.50% per annum
- Maturity
- December 1, 2027
- Event
- incurrence
Exact text from the filing
On December 1, 2022 (the “Closing Date”), EVERTEC, Inc., (“EVERTEC” or the “Company”) and EVERTEC Group, LLC, (“EVERTEC Group” or “Borrower”), a wholly owned indirect subsidiary of EVERTEC, entered into a credit agreement (the “Credit Agreement”) with a syndicate of lenders and Truist Bank (“Truist”), as administrative agent and collateral agent, providing for (i) a $415.0 million term loan A facility (the “Term Loan Facility”) and (ii) a $200.0 million revolving credit facility (the “Revolving Facility”, and together with the Term Loan Facility, the “2022 Credit Facilities”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
EVERTEC, Inc. entered into Credit Agreement with Truist Bank valued at $415.0 million term loan A facility and $200.0 million revolving credit facility (effective 2022-12-01).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Truist Bank
- Value
- $415.0 million term loan A facility and $200.0 million revolving credit facility
- Effective
- 2022-12-01
Exact text from the filing
On December 1, 2022 (the “Closing Date”), EVERTEC, Inc., (“EVERTEC” or the “Company”) and EVERTEC Group, LLC, (“EVERTEC Group” or “Borrower”), a wholly owned indirect subsidiary of EVERTEC, entered into a credit agreement (the “Credit Agreement”) with a syndicate of lenders and Truist Bank (“Truist”), as administrative agent and collateral agent, providing for (i) a $415.0 million term loan A facility (the “Term Loan Facility”) and (ii) a $200.0 million revolving credit facility (the “Revolving Facility”, and together with the Term Loan Facility, the “2022 Credit Facilities”).
View on SEC.gov