secwatch.observer — SEC 8-K summary
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Issuer:     Tradeweb Markets Inc. (TW)
CIK:        0001758730
Form:       8-K
Filed at:   2023-04-04T23:59:59+00:00
Accession:  0001193125-23-089885
Event type: other_material
Sentiment:  neutral
Materiality: 0.10
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tradeweb Markets replaces LIBOR with SOFR and SONIA in $500M credit facility
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- Amendment to $500M revolving credit facility replaces LIBOR with Term SOFR (0.10% credit spread) for USD loans.
- For Sterling loans, LIBOR replaced by SONIA with no credit spread adjustment.
- All other material terms of the credit agreement remain unchanged.
- Incremental revolving capacity of $250M remains available under the facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1758730/000119312523089885/0001193125-23-089885-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1758730/000119312523089885/d472523d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-089885

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