secwatch / observer
8-K filed October 11, 2023, 7:59 PM ET ticker PRSU CIK 0000884219
debt confidence high sentiment positive materiality 0.65

Pursuit Attractions & Hospitality, Inc. (PRSU): debt financing — Viad boosts revolver by $70M, uses proceeds to prepay higher-cost Term Loan B

Pursuit Attractions & Hospitality, 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

Pursuit Attractions & Hospitality, Inc. amended revolving credit of increasing the principal amount of the revolving commitments under the initial revolving credit facility by $70,000,000 with Bank of America, N.A., as administrative agent at 3.00%.

Instrument
revolving credit
Principal
increasing the principal amount of the revolving commitments under the initial revolving credit facility by $70,000,000
Counterparty
Bank of America, N.A., as administrative agent
Rate
3.00%
Event
amendment
Exact text from the filing
The Amendment modifies the Credit Agreement by, among other things, (i) increasing the principal amount of the revolving commitments under the initial revolving credit facility by $70,000,000 (to a total of $170,000,000 principal amount of revolving commitments under the initial revolving credit facility)
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Pursuit Attractions & Hospitality, Inc. amended Third Amendment with Bank of America, N.A., as administrative agent valued at $70,000,000 (effective 2023-10-06).

Action
amendment
Agreement
credit facility
Counterparty
Bank of America, N.A., as administrative agent
Value
$70,000,000
Effective
2023-10-06
Exact text from the filing
On October 6, 2023, Viad Corp (the “Company”) entered into the Third Amendment (the “Amendment”), among the Company, Brewster Inc., as a co-borrower, the other loan parties party thereto, the lenders party thereto, the revolver increase lenders party thereto, the L/C issuers party thereto, the swing line lender and Bank of America, N.A., as administrative agent, which amends the Credit Agreement, dated as of July 30, 2021
View on SEC.gov

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Pursuit Attractions & Hospitality, Inc. filing history →

Source: SEC EDGAR
accession 0001193125-23-254138
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