MarketAxess amends credit agreement to replace LIBOR with SOFR

MARKETAXESS HOLDINGS INC

First Amendment effective March 28, 2023, replaces LIBOR with SOFR-based interest rate benchmarks.
Revolving loans will bear interest at Term SOFR plus 0.10% plus applicable rate (1.25%-1.75%) or alternate base rate plus spread (0.25%-0.75%).
No change to total commitments, financial covenants, or other material terms of the credit agreement.
All lenders consented; no defaults occurred or resulted from the amendment.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.