---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-221558"
form_type: "8-K"
ticker: "VSAT"
cik: "0000797721"
company_name: "VIASAT INC"
filed_at: "2023-08-25T23:59:59+00:00"
generated_at: "2026-06-11T03:47:33.335507+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Viasat amends $597.5M credit facility, extends maturity to 2028, adds $40M commitment

## Summary
- Aggregate revolving commitments of $597.5M after amendment; maturity extended to August 24, 2028 (or earlier springing date).
- Barclays Bank PLC provided a new $40M revolving commitment; non-extending lenders' commitments terminated.
- Interest rate based on Term SOFR plus margin tied to total leverage ratio; covenant flexibility increased.
- Existing lenders participating include MUFG Bank, Bank of America, JPMorgan, Truist, Citizens, Umpqua, and Zions Bancorporation.
- Viasat reaffirms all existing liens and security interests under the credit agreement.

## SEC filing metadata
- accession: 0001193125-23-221558
- form_type: 8-K
- ticker: VSAT
- cik: 0000797721
- company_name: VIASAT INC
- filed_at: 2023-08-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/797721/000119312523221558/0001193125-23-221558-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/797721/000119312523221558/d540351d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-221558
- JSON: https://secwatch.observer/filing/0001193125-23-221558.json
- Plain text: https://secwatch.observer/filing/0001193125-23-221558.txt

## Key facts
- Debt Financings
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/797721/000119312523221558/0001193125-23-221558-index.htm
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/797721/000119312523221558/0001193125-23-221558-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.