Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Vistance Networks, Inc. incurred revolving credit of up to $300 million with Citibank, N.A., as administrative agent and collateral agent, and the other lenders party thereto at Term SOFR plus an applicable margin of 1.25% to 1.50% or alternate base rate plu maturing April 7, 2031.
- Instrument
- revolving credit
- Principal
- up to $300 million
- Counterparty
- Citibank, N.A., as administrative agent and collateral agent, and the other lenders party thereto
- Rate
- Term SOFR plus an applicable margin of 1.25% to 1.50% or alternate base rate plu
- Maturity
- April 7, 2031
- Event
- incurrence
Exact text from the filing
On April 7, 2026 (the “Closing Date”), Vistance Networks, Inc. (the “Company”), its direct wholly owned subsidiary, Vistance Networks Holdings, LLC (the “Borrower”), and certain of the Borrower’s direct and indirect wholly owned U.S. subsidiaries entered into a revolving credit agreement with Citibank, N.A., as administrative agent and collateral agent, and the other lenders party thereto (the “Revolving Credit Agreement”) providing for a senior secured asset-based revolving credit facility (the “Revolving Credit Facility”) available to the Borrower and certain of its U.S. subsidiaries designated as co-borrowers therein (the Borrower and such subsidiaries, collectively, the “Revolver Borrowers”) in an aggregate principal amount of up to $300 million
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