---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-113176"
form_type: "8-K"
ticker: "OPFI"
cik: "0001818502"
company_name: "OppFi Inc."
filed_at: "2022-04-21T23:59:59+00:00"
generated_at: "2026-06-26T05:49:34.132522+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# OppFi subsidiary enters $75M total return swaps on consumer receivables with Midtown Madison

## Summary
- OppFi-LLC enters TRS with Midtown Madison affiliates providing credit protection on $75M revolving credit facility backed by consumer receivables.
- TRS allows OppFi-LLC to obtain economic benefit of receivables without ownership, with payments based on interest and principal losses.
- TRS terminates on earliest of April 2024 commitment termination, assignment to OppFi-LLC, or April 2025 final maturity.
- OppFi-LLC also enters servicing agreement to service the consumer receivables financed through the credit agreement.

## SEC filing metadata
- accession: 0001193125-22-113176
- form_type: 8-K
- ticker: OPFI
- cik: 0001818502
- company_name: OppFi Inc.
- filed_at: 2022-04-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818502/000119312522113176/0001193125-22-113176-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818502/000119312522113176/d332606d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-113176
- JSON: https://secwatch.observer/filing/0001193125-22-113176.json
- Plain text: https://secwatch.observer/filing/0001193125-22-113176.txt

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