secwatch / observer
8-K filed September 7, 2023, 7:59 PM ET ticker VSAT CIK 0000797721
debt confidence high sentiment neutral materiality 0.50

VIASAT INC (VSAT): debt financing — Viasat increases revolving credit facility by $50M to $647.5M with new lender Fifth Third Bank

VIASAT INC

Key facts

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 increases the available commitments under the Revolving Credit Agreement by an aggregate amount of $50,000,000 with MUFG Bank, Ltd. at Term SOFR plus 1.00%.

Instrument
revolving credit
Principal
increases the available commitments under the Revolving Credit Agreement by an aggregate amount of $50,000,000
Counterparty
MUFG Bank, Ltd.
Rate
Term SOFR plus 1.00%
Event
amendment
Exact text from the filing
The Joinder Agreement, among other matters, increases the available commitments under the Revolving Credit Agreement by an aggregate amount of $50,000,000.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

VIASAT INC amended Joinder Agreement with MUFG Bank, Ltd. valued at $50,000,000 (effective 2023-09-06).

Action
amendment
Agreement
credit facility
Counterparty
MUFG Bank, Ltd.
Value
$50,000,000
Effective
2023-09-06
Exact text from the filing
On September 6, 2023, Viasat, Inc. (“Viasat”) entered into a Joinder Agreement (the “Joinder Agreement”) with MUFG Bank, Ltd., as administrative agent and collateral agent, and the lender party thereto, under which certain provisions from that certain 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”), were modified, supplemented and/or amended so as to give effect to the provisions of the Joinder Agreement.
View on SEC.gov

102 debt financings filed in the last 30 days. Browse all debt financings →

VIASAT INC filing history →

Source: SEC EDGAR
accession 0001193125-23-230658
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