Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Ovintiv Inc. incurred term loan of $825 million with Goldman Sachs Bank USA at Base Rate plus applicable margin ranging from 0 to 100 basis points, or Adjusted maturing second anniversary of the Funding Date.
- Instrument
- term loan
- Principal
- $825 million
- Counterparty
- Goldman Sachs Bank USA
- Rate
- Base Rate plus applicable margin ranging from 0 to 100 basis points, or Adjusted
- Maturity
- second anniversary of the Funding Date
- Event
- incurrence
Exact text from the filing
On April 26, 2023, Ovintiv Inc. (“Ovintiv”) entered into a Term Credit Agreement by and among Ovintiv, as borrower, Goldman Sachs Bank USA, as administrative agent, and the lenders party thereto (the “Credit Agreement”), which provides for a two-year, $825 million term loan facility (the “Term Loan Facility”)
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Ovintiv Inc. entered into Credit Agreement with Goldman Sachs Bank USA, as administrative agent, and the lenders party thereto valued at $825 million (effective 2023-04-26).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Goldman Sachs Bank USA, as administrative agent, and the lenders party thereto
- Value
- $825 million
- Effective
- 2023-04-26
Exact text from the filing
On April 26, 2023, Ovintiv Inc. (“Ovintiv”) entered into a Term Credit Agreement by and among Ovintiv, as borrower, Goldman Sachs Bank USA, as administrative agent, and the lenders party thereto (the “Credit Agreement”), which provides for a two-year, $825 million term loan facility (the “Term Loan Facility”)
View on SEC.gov