OppFi upsizes credit facility with Atalaya to $200M from $75M, extends maturity to June 2025

OppFi Inc.

Facility increased from $75M to $200M with affiliates of Atalaya Capital Management.
Revolving period extended by three years to June 14, 2025.
Proceeds to fund receivables growth and repay ~$39.6M outstanding under Ares SPV VI Agreement.
Benchmark interest rate replaced from Adjusted LIBOR to Term SOFR.
Press release cites record consumer demand and inflationary pressures.

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