Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
Tempus AI, Inc. incurred revolving credit of $100.0 million with Ares Capital Corporation at Term SOFR plus 3.75% maturing February 3, 2030.
- Instrument
- revolving credit
- Principal
- $100.0 million
- Counterparty
- Ares Capital Corporation
- Rate
- Term SOFR plus 3.75%
- Maturity
- February 3, 2030
- Event
- incurrence
Exact text from the filing
The Company borrowed $200.0 million in Third Amendment Term Loans and $100.0 million in Revolving Loans on the Closing Date to fund, in part, the consideration payable in connection with its acquisition of Ambry. The Third Amendment Term Loan Facility and the Priority ABL Facility mature on February 3, 2030.
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
Tempus AI, Inc. incurred term loan of $200.0 million with Ares Capital Corporation at Term SOFR plus 7.25% cash (through Dec 31, 2025); thereafter Term SOFR plus 6.75 maturing February 3, 2030.
- Instrument
- term loan
- Principal
- $200.0 million
- Counterparty
- Ares Capital Corporation
- Rate
- Term SOFR plus 7.25% cash (through Dec 31, 2025); thereafter Term SOFR plus 6.75
- Maturity
- February 3, 2030
- Event
- incurrence
Exact text from the filing
The Company borrowed $200.0 million in Third Amendment Term Loans and $100.0 million in Revolving Loans on the Closing Date to fund, in part, the consideration payable in connection with its acquisition of Ambry. The Third Amendment Term Loan Facility and the Priority ABL Facility mature on February 3, 2030.
View on SEC.gov