Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Tradeweb Markets Inc. incurred revolving credit of $500.0 million with Citibank, N.A. at Term SOFR plus a credit adjustment spread of 0.10% maturing November 21, 2028.
- Instrument
- revolving credit
- Principal
- $500.0 million
- Counterparty
- Citibank, N.A.
- Rate
- Term SOFR plus a credit adjustment spread of 0.10%
- Maturity
- November 21, 2028
- Event
- incurrence
Exact text from the filing
The Credit Agreement provides for a revolving credit facility in an aggregate principal amount of $500.0 million
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Tradeweb Markets Inc. terminated Terminated Credit Agreement with Citibank, N.A., as administrative agent, collateral agent, issuing bank and swing line lender, Citigroup Global Markets Inc., JPMorgan Chase Bank, N.A., Morgan Stanley Senior Funding, Inc. and Goldman Sachs Bank USA, as joint lead arrangers and joint bookrunners valued at $500.0 million (effective 2023-11-21).
- Action
- termination
- Agreement
- credit facility
- Counterparty
- Citibank, N.A., as administrative agent, collateral agent, issuing bank and swing line lender, Citigroup Global Markets Inc., JPMorgan Chase Bank, N.A., Morgan Stanley Senior Funding, Inc. and Goldman Sachs Bank USA, as joint lead arrangers and joint bookrunners
- Value
- $500.0 million
- Effective
- 2023-11-21
Exact text from the filing
On the Closing Date, concurrently and in connection with entry into the Credit Agreement, the Company terminated the existing credit agreement, dated as of April 8, 2019 (the “ Terminated Credit Agreement ”), by and among the Company, as borrower, the lenders from time to time party thereto, Citibank, N.A., as administrative agent, collateral agent, issuing bank and swing line lender, Citigroup Global Markets Inc., JPMorgan Chase Bank, N.A., Morgan Stanley Senior Funding, Inc. and Goldman Sachs Bank USA, as joint lead arrangers and joint bookrunners, JPMorgan Chase Bank, N.A., as syndication agent, and Morgan Stanley Senior Funding, Inc. and Goldman Sachs Bank USA, as documentation agents.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Tradeweb Markets Inc. entered into Credit Agreement with Citibank, N.A., as administrative agent, issuing bank and swing line lender, and Citigroup Global Markets Inc., JPMorgan Chase Bank, N.A. and Morgan Stanley Senior Funding, Inc., as joint lead arrangers and joint bookrunners valued at $500.0 million (effective 2023-11-21).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Citibank, N.A., as administrative agent, issuing bank and swing line lender, and Citigroup Global Markets Inc., JPMorgan Chase Bank, N.A. and Morgan Stanley Senior Funding, Inc., as joint lead arrangers and joint bookrunners
- Value
- $500.0 million
- Effective
- 2023-11-21
Exact text from the filing
On November 21, 2023 (the “ Closing Date ”), Tradeweb Markets LLC (the “ Company ”), a wholly owned subsidiary of Tradeweb Markets Inc., entered into a credit agreement (the “ Credit Agreement ”), by and among the Company, as borrower, the lenders from time to time party thereto, Citibank, N.A., as administrative agent, issuing bank and swing line lender, and Citigroup Global Markets Inc., JPMorgan Chase Bank, N.A. and Morgan Stanley Senior Funding, Inc., as joint lead arrangers and joint bookrunners.
View on SEC.gov