Montauk Renewables extends $8.94M intercompany loan maturity to June 30, 2023

Montauk Renewables, Inc.

First Amendment extends maturity of $8.94M loan from Montauk Renewables to Montauk Holdings Ltd. to June 30, 2023.
Original maturity was December 31, 2022; all other loan terms remain unchanged.
Loan originated December 2021 under Transaction Implementation Agreement related to IPO.
Security interests and guarantees under original agreement continue in full force.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Montauk Renewables, Inc. amended First Amendment to the MNK Loan Agreement with Montauk Holdings Limited ("MNK") (effective 2022-12-22).

Action: amendment
Agreement: credit facility
Counterparty: Montauk Holdings Limited ("MNK")
Effective: 2022-12-22

Exact text from the filing

On December 22, 2022, Montauk entered into the First Amendment to the MNK Loan Agreement, by and between Montauk and MNK (the “First Amendment”), which extended the maturity date of the loan under the MNK Loan Agreement from December 31, 2022 to June 30, 2023.

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Montauk Renewables, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-22-311598

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