Grindr expands credit facilities: term loan to $400M, revolver to $200M, maturity extended to 2031

Grindr Inc.

Term loan increased from $300M to $400M; revolving facility from $50M to $200M (LC sublimit $45M).
Maturity extended from Nov 2028 to Jan 2031; quarterly amortization at 1.25% of principal starting Mar 2026.
Borrower drew full $400M term loan; proceeds used to repay existing credit and for general corporate purposes.
No current borrowing on revolving facility; funds available for acquisitions and working capital.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Grindr Inc. amended Amendment No. 1 with JPMorgan Chase Bank, N.A., as administrative agent valued at from $300.0 million to $400.0 million (effective 2025-12-16).

Action: amendment
Agreement: credit facility
Counterparty: JPMorgan Chase Bank, N.A., as administrative agent
Value: from $300.0 million to $400.0 million
Effective: 2025-12-16

Exact text from the filing

On December 16, 2025, Grindr Inc. (the “Company”), entered into an Amendment No. 1 (the “Amendment”), with Grindr Capital LLC, a subsidiary of the Company (the “Borrower”), certain other wholly owned domestic subsidiaries of the Company, the lenders party thereto (the “Lenders”) and JPMorgan Chase Bank, N.A., as administrative agent for the Lenders (the “Agent”), which amends the Company’s existing Credit Agreement, dated as of November 28, 2023

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Grindr Inc. filing history →

Source: SEC EDGAR

accession 0001140361-25-045703

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