Montauk Renewables, Inc. (MNTK): debt financing — Montauk Renewables ups loan from subsidiary to $10.69M in fifth amendment

Montauk Renewables, Inc.

Loan principal increased from $10.04M to $10.69M; interest rate remains 0.4% per annum.
Maturity extended through December 31, 2033; interest may be paid in cash or PIK.
Secured by 976,623 shares of Montauk Renewables common stock owned by borrower Montauk Holdings.
Amendment amends and restates prior $10.04M note; no novation of existing obligations.
Borrower must use 100% of net proceeds from any share sale to prepay loan.

item 1.01 item 2.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Montauk Renewables, Inc. amended loan of $10,690,000 with Montauk Holdings Proprietary Limited.

Instrument: loan
Principal: $10,690,000
Counterparty: Montauk Holdings Proprietary Limited
Event: amendment

Exact text from the filing

The MNK Amendment increases the principal amount of the loan from its current balance of $10,040,000 to a total of $10,690,000, in the aggregate.

View on SEC.gov

7 debt financings filed in the last 30 days. Browse all debt financings →

Montauk Renewables, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-049911

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.