secwatch.observer — SEC 8-K summary
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Issuer:     ACI WORLDWIDE, INC. (ACIW)
CIK:        0000935036
Form:       8-K
Filed at:   2025-06-20T23:59:59+00:00
Accession:  0001193125-25-143290
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ACI Worldwide obtains $200M incremental term loan to redeem $400M senior notes due 2026
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- Incremental term A-2 loan of $200M added to existing credit agreement with Bank of America as lender.
- Loan priced at Term SOFR plus 1.5%-2.5% margin, based on consolidated total leverage ratio.
- Proceeds used to fully redeem $400M of 5.750% Senior Notes due 2026 on June 20, 2025.
- Quarterly principal repayments start Sep 2025: $1.25M per quarter through Jun 2028, then $2.5M, remainder at maturity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/935036/000119312525143290/0001193125-25-143290-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/935036/000119312525143290/d906059d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-143290

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer