IMAX CORP (IMAX): debt financing — IMAX enters new $375M credit facility maturing 2030 with accordion to $515M

IMAX CORP

New Seventh Amended and Restated Credit Agreement increases revolving borrowing capacity to $375M.
Uncommitted accordion feature allows expansion up to $515M or more via revolving or term loans.
Facility matures July 14, 2030, with springing maturity if certain convertible debt exceeds $100M.
Interest rates: Term SOFR, Eurocurrency, or Term CORRA plus 1.00%-1.75% or base/prime plus 0.25%-1.00%.
Company drew $52M at closing to repay prior facility; proceeds also for working capital and general corporate purposes.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.98

IMAX CORP incurred revolving credit of $375 million with Wells Fargo Bank, National Association, as agent at Term SOFR, Eurocurrency Rate or Term CORRA plus a margin ranging from 1.00% to 1 maturing July 14, 2030.

Instrument: revolving credit
Principal: $375 million
Counterparty: Wells Fargo Bank, National Association, as agent
Rate: Term SOFR, Eurocurrency Rate or Term CORRA plus a margin ranging from 1.00% to 1
Maturity: July 14, 2030
Event: incurrence

Exact text from the filing

On July 14, 2025, IMAX Corporation (the “Company”) entered into a Seventh Amended and Restated Credit Agreement (the “New Credit Agreement”) with Wells Fargo Bank, National Association, as agent, and a syndicate of lenders party thereto. The New Credit Agreement increases the Company’s revolving borrowing capacity to $375 million

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

IMAX CORP filing history →

Source: SEC EDGAR

accession 0001193125-25-159091

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