secwatch.observer — SEC 8-K summary
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Issuer:     IBEX Ltd (IBEX)
CIK:        0001720420
Form:       8-K
Filed at:   2024-11-04T23:59:59+00:00
Accession:  0001140361-24-045075
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ibex Limited enters $75M credit facilities with HSBC, replacing $80M PNC facility
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- $25M US secured revolving facility with HSBC Bank USA; SOFR+2% or ABR+1%.
- $50M UAE committed revolving loan facility with HSBC Bank Middle East; 3-month SOFR+2%.
- Existing $80M PNC Bank secured revolving facility terminated and repaid in full on Oct 29, 2024.
- Proceeds to repay existing facility, fund working capital, and general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1720420/000114036124045075/0001140361-24-045075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1720420/000114036124045075/ef20038076_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-045075

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