secwatch / observer
8-K filed December 16, 2022, 6:59 PM ET ticker G CIK 0001398659
debt confidence high sentiment neutral materiality 0.55

Genpact LTD (G): debt financing — Genpact enters $1.18B credit facility ($530M term loan, $650M revolver), replaces prior facility

Genpact LTD

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Genpact LTD incurred credit facility of $530 million term credit facility and a $650 million revolving credit facility with Wells Fargo Bank, National Association at SOFR plus an applicable margin equal to 1.375% per annum or a base rate plus an maturing five years.

Instrument
credit facility
Principal
$530 million term credit facility and a $650 million revolving credit facility
Counterparty
Wells Fargo Bank, National Association
Rate
SOFR plus an applicable margin equal to 1.375% per annum or a base rate plus an
Maturity
five years
Event
incurrence
Exact text from the filing
Bank, National Association, as administrative agent, swingline lender and issuing bank, and the lenders and other parties party thereto. The Credit Agreement provides for a $530 million term credit facility and a $650 million revolving credit facility. The Borrowers have an option to increase the commitments under the Credit Agreement, subject to certain
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Genpact LTD terminated Existing Credit Agreement (Amended and Restated Credit Agreement dated as of August 9, 2018) with Wells Fargo Bank, National Association valued at Repaid all outstanding loans and terminated existing credit facility (effective 2022-12-13).

Action
termination
Agreement
credit facility
Counterparty
Wells Fargo Bank, National Association
Value
Repaid all outstanding loans and terminated existing credit facility
Effective
2022-12-13
Exact text from the filing
On December 13, 2022, Genpact terminated its existing credit facility and repaid all outstanding loans thereunder and entered into an amended and restated credit facility (see Item 1.01 above).
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Genpact LTD entered into Amended and Restated Credit Agreement with Wells Fargo Bank, National Association valued at $530 million term credit facility and $650 million revolving credit facility (effective 2022-12-13).

Action
entry
Agreement
credit facility
Counterparty
Wells Fargo Bank, National Association
Value
$530 million term credit facility and $650 million revolving credit facility
Effective
2022-12-13
Exact text from the filing
On December 13, 2022, Genpact Limited (“ Genpact ”) entered into an amended and restated credit agreement (the “ Credit Agreement ”) with Genpact USA, Inc., a Delaware corporation (“ Genpact USA ”), Genpact Global Holdings (Bermuda) Limited, an exempted company limited by shares organized under the laws of Bermuda (“ GGH ”), and Genpact Luxembourg S.à r.l., a société à responsabilité limitée organized under the laws of the Grand Duchy of Luxembourg (“ Genpact Luxembourg ” and, together with Genpact USA and GGH, the “ Borrowers ”), as borrowers, Wells Fargo Bank, National Association, as administrative agent, swingline lender and issuing bank, and the lenders and other parties party thereto.
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Genpact LTD filing history →

Source: SEC EDGAR
accession 0001140361-22-045864
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