---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-236325"
form_type: "8-K"
ticker: "FLYW"
cik: "0001580560"
company_name: "Flywire Corp"
filed_at: "2021-08-04T23:59:59+00:00"
generated_at: "2026-06-29T22:36:10.102869+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-21-236325
- form_type: 8-K
- ticker: FLYW
- cik: 0001580560
- company_name: Flywire Corp
- filed_at: 2021-08-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580560/000119312521236325/0001193125-21-236325-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580560/000119312521236325/d209980d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-236325
- JSON: https://secwatch.observer/filing/0001193125-21-236325.json
- Plain text: https://secwatch.observer/filing/0001193125-21-236325.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.