secwatch.observer — SEC 8-K summary
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Issuer:     Teads Holding Co. (TEAD)
CIK:        0001454938
Form:       8-K
Filed at:   2025-02-11T23:59:59+00:00
Accession:  0001140361-25-003851
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Outbrain closes $637.5M 10% senior secured notes due 2030, upsized from $625M
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- Notes issued at 98.087% of par; 10% interest semi-annual; maturity Feb 15, 2030.
- Proceeds used to repay bridge facility that financed Teads acquisition, plus fees.
- Offering upsized from previously announced $625M to $637.5M.
- Notes guaranteed by Outbrain and certain subsidiaries; secured by assets.
- Interest payable Feb 15 and Aug 15, starting Aug 15, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1454938/000114036125003851/0001140361-25-003851-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1454938/000114036125003851/ny20037354x9_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-003851

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer