Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Beachbody Company, Inc. amended credit facility of $50.0 million with Blue Torch Finance, LLC maturing February 8, 2026.
- Instrument
- credit facility
- Principal
- $50.0 million
- Counterparty
- Blue Torch Finance, LLC
- Maturity
- February 8, 2026
- Event
- amendment
Exact text from the filing
time to time and Blue Torch, as collateral agent and as administrative agent, which provided for a senior secured term loan facility in an original aggregate principal amount of $50.0 million (the “Credit Facility”). The Second Amendment, among other things, amends certain terms of the Financing Agreement, including without limitation, to (i) amend the minimum revenue
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Beachbody Company, Inc. amended Amendment No. 2 to Financing Agreement with Blue Torch Finance, LLC (effective 2023-07-24).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Blue Torch Finance, LLC
- Effective
- 2023-07-24
Exact text from the filing
On July 24, 2023 (the “Closing Date”), The Beachbody Company, Inc. (the “Company”), Beachbody, LLC (the “Borrower”), certain subsidiaries of the Company, the lenders party thereto and Blue Torch Finance, LLC (“Blue Torch”), as collateral agent and as administrative agent, entered into that certain Amendment No. 2 to Financing Agreement (the “Second Amendment”), which amended the Company’s existing Financing Agreement, dated as of August 8, 2022 (as previously amended, the “Financing Agreement”), by and among the Company, the Borrower, the lenders party thereto from time to time and Blue Torch, as collateral agent and as administrative agent, which provided for a senior secured term loan facility in an original aggregate principal amount of $50.0 million (the “Credit Facility”).
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