Flywire enters $50M senior secured credit facility, repays existing SVB loan

Flywire Corp

New 3-year $50M revolving credit facility with Citibank as administrative agent; $25.9M drawn at closing.
Loans bear interest at LIBOR+1.75%-2.25% or ABR+0.75%-1.25%, depending on liquidity.
Commitment fee on undrawn portion: 0.25%-0.35% per annum.
Proceeds used to repay $25.5M outstanding under existing SVB credit facility, terminating that agreement.
Facility includes up to $50M accordion feature and sublimits for letters of credit and swingline loans.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.