Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
BEACON ROOFING SUPPLY INC amended term loan of $1.275 billion with Citibank, N.A., as administrative agent at Term SOFR with a 0.00% floor, plus a margin equal to 2.00%.
- Instrument
- term loan
- Principal
- $1.275 billion
- Counterparty
- Citibank, N.A., as administrative agent
- Rate
- Term SOFR with a 0.00% floor, plus a margin equal to 2.00%
- Event
- amendment
Exact text from the filing
the refinancing of all outstanding term loans under the Term Loan Credit Facility by, among other things, increasing the aggregate principal amount of outstanding term loans to $1.275 billion and reducing the interest rate to a rate per annum equal to Term SOFR with a 0.00% floor, plus a margin equal to 2.00%. Except as amended by Amendment No. 3, the remaining terms
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.98
BEACON ROOFING SUPPLY INC entered into Amendment No. 3 to the Amended and Restated Term Loan Credit Agreement with Citibank, N.A. valued at $1.275 billion (effective 2024-03-28).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Citibank, N.A.
- Value
- $1.275 billion
- Effective
- 2024-03-28
Exact text from the filing
On March 28, 2024, Beacon Roofing Supply, Inc. (the “Company”) entered into Amendment No. 3 to the Amended and Restated Term Loan Credit Agreement, by and among the Company, as borrower, Beacon Sales Acquisition, Inc., as guarantor, Citibank, N.A., as administrative agent, and the lenders party thereto (“Amendment No. 3”).
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