---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-254138"
form_type: "8-K"
ticker: "PRSU"
cik: "0000884219"
company_name: "Pursuit Attractions & Hospitality, Inc."
filed_at: "2023-10-11T23:59:59+00:00"
generated_at: "2026-06-10T01:54:40.296259+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Viad boosts revolver by $70M, uses proceeds to prepay higher-cost Term Loan B

## Summary
- Revolving commitments increased by $70M to $170M total; $10M CAD swing line added.
- Brewster Inc. added as co-borrower; Brewster Travel Canada added as guarantor.
- Proceeds plus balance-sheet cash used to prepay $70M of Term Loan B (5.00% SOFR spread).
- New revolver spread is 3.00% (based on 2.91 net leverage ratio), lowering interest cost.

## SEC filing metadata
- accession: 0001193125-23-254138
- form_type: 8-K
- ticker: PRSU
- cik: 0000884219
- company_name: Pursuit Attractions & Hospitality, Inc.
- filed_at: 2023-10-11T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/884219/000119312523254138/0001193125-23-254138-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/884219/000119312523254138/d519270d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-254138
- JSON: https://secwatch.observer/filing/0001193125-23-254138.json
- Plain text: https://secwatch.observer/filing/0001193125-23-254138.txt

## Key facts
- Debt Financings
  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
  source text: 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)
  evidence_url: https://www.sec.gov/Archives/edgar/data/884219/000119312523254138/0001193125-23-254138-index.htm
- Material Agreements
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/884219/000119312523254138/0001193125-23-254138-index.htm

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