secwatch.observer — SEC 8-K summary
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Issuer:     EQUIFAX INC (EFX)
CIK:        0000033185
Form:       8-K
Filed at:   2021-08-31T23:59:59+00:00
Accession:  0001193125-21-262096
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Equifax enters new $1.5B revolver and $700M term loan to finance Appriss acquisition
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- New $1.5B unsecured revolver replaces existing $1.1B facility; matures in 5 years.
- Entered $700M delayed-draw term loan; expects full draw on Appriss closing date.
- Existing $1.1B facility terminated upon effectiveness of new credit agreements.
- Leverage ratio covenant set at 3.75x-4.25x depending on post-Appriss acquisition period.
- Interest on borrowings is based on base rate or LIBOR plus margins tied to debt ratings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/33185/000119312521262096/0001193125-21-262096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/33185/000119312521262096/d220137d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-262096

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