Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
VIASAT INC amended revolving credit of $597,500,000.00 with MUFG Bank, Ltd. at the highest of the federal funds rate plus 0.50%, Term SOFR for an interest peri maturing the earlier of August 24, 2028 and the springing maturity date (as defined in the Revolving Credit Agreement, which is effectively 91 days prior to the maturity.
- Instrument
- revolving credit
- Principal
- $597,500,000.00
- Counterparty
- MUFG Bank, Ltd.
- Rate
- the highest of the federal funds rate plus 0.50%, Term SOFR for an interest peri
- Maturity
- the earlier of August 24, 2028 and the springing maturity date (as defined in the Revolving Credit Agreement, which is effectively 91 days prior to the maturity
- Event
- amendment
Exact text from the filing
The Amendment, among other matters, provides additional covenant flexibility and provides for commitments under the Revolving Credit Agreement in an aggregate amount of $597,500,000.00 with a maturity date that is the earlier of August 24, 2028 and the springing maturity date (as defined in the Revolving Credit Agreement, which is effectively 91 days prior to
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
VIASAT INC amended Seventh Amendment to Credit Agreement with MUFG Bank, Ltd. valued at $597,500,000.00 (effective 2023-08-24).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- MUFG Bank, Ltd.
- Value
- $597,500,000.00
- Effective
- 2023-08-24
Exact text from the filing
On August 24, 2023, Viasat, Inc. (“Viasat”) entered into the Seventh Amendment to Credit Agreement (the “Amendment”), which amended the Credit Agreement, dated as of November 26, 2013, with MUFG Bank, Ltd. (as successor-in-interest to MUFG Union Bank, N.A.), as administrative agent and collateral agent, and the lenders party thereto (as amended, the “Revolving Credit Agreement”).
View on SEC.gov