secwatch.observer — SEC 8-K summary
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Issuer:     IMAX CORP (IMAX)
CIK:        0000921582
Form:       8-K
Filed at:   2022-03-28T23:59:59+00:00
Accession:  0001193125-22-085947
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

IMAX enters $300M revolving credit facility maturing March 2027
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- Facility provides $300M revolving capacity, expandable to $440M via accordion.
- Matures March 25, 2027; interest margins range from 1.00%-2.50% depending on rate type and period.
- Covenants include max senior secured net leverage ratio of 3.25:1 and $75M minimum liquidity during Designated Period.
- No amounts drawn at closing; proceeds for working capital and general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/921582/000119312522085947/0001193125-22-085947-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/921582/000119312522085947/d244093d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-085947

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