Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
MEDALLION FINANCIAL CORP incurred senior notes of $12.5 million with a certain institutional investor at 9.00% per year maturing December 30, 2033.
- Instrument
- senior notes
- Principal
- $12.5 million
- Counterparty
- a certain institutional investor
- Rate
- 9.00% per year
- Maturity
- December 30, 2033
- Event
- incurrence
Exact text from the filing
On December 21, 2023, Medallion Financial Corp., a Delaware corporation (the “Company”), entered into a Note Purchase Agreement (the “Note Purchase Agreement”) with a certain institutional investor relating to the private placement of the Company’s $12.5 million aggregate principal amount of 9.00% Senior Notes due 2033 (the “Notes”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
MEDALLION FINANCIAL CORP entered into Note Purchase Agreement with a certain institutional investor valued at $12.5 million aggregate principal amount of 9.00% Senior Notes due 2033 (effective 2023-12-21).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- a certain institutional investor
- Value
- $12.5 million aggregate principal amount of 9.00% Senior Notes due 2033
- Effective
- 2023-12-21
Exact text from the filing
On December 21, 2023, Medallion Financial Corp., a Delaware corporation (the “Company”), entered into a Note Purchase Agreement (the “Note Purchase Agreement”) with a certain institutional investor relating to the private placement of the Company’s $12.5 million aggregate principal amount of 9.00% Senior Notes due 2033 (the “Notes”).
View on SEC.gov