secwatch.observer — SEC 8-K summary
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Issuer:     NEW ROYAL HOLDCO I INC. (GDEN)
CIK:        0001071255
Form:       8-K
Filed at:   2023-05-30T23:59:59+00:00
Accession:  0001193125-23-155694
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Golden Entertainment closes $400M term B-1 loan, extends revolver maturity to 2028
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- Entered Second Amendment to First Lien Credit Agreement on May 26, 2023.
- New $400M senior secured term loan B-1 fully drawn; proceeds used to repay portion of existing term B loan.
- Existing $240M revolving credit facility maturity extended from April 2024 to May 2028 (springing).
- Post-closing: $175M term B, $400M term B-1, $0 revolver outstanding; new term B-1 SOFR + 2.75% margin.
- Springing maturity triggers 91 days before 2026 notes or term B maturity if debt outstanding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1071255/000119312523155694/0001193125-23-155694-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1071255/000119312523155694/d515336d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-155694

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