secwatch / observer
8-K filed June 6, 2023, 7:59 PM ET ticker PACK CIK 0001712463
debt confidence high sentiment positive materiality 0.50

Ranpak extends revolver maturity to 2025, tightens springing covenant to 7.50x

Ranpak Holdings Corp.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Ranpak Holdings Corp. amended Amendment No. 3 with certain lenders party to Amendment No. 3 and Goldman Sachs Lending Partners LLC (the Administrative Agent) (effective 2023-06-05).

Action
amendment
Agreement
credit facility
Counterparty
certain lenders party to Amendment No. 3 and Goldman Sachs Lending Partners LLC (the Administrative Agent)
Effective
2023-06-05
Exact text from the filing
On June 5, 2023, Ranger Pledgor LLC, a Delaware limited liability company (“Holdings”), Ranpak Corp., an Ohio corporation (the “U.S. Borrower”), Ranpak B.V., a private limited liability company under the laws of the Netherlands (the “Dutch Borrower” and together with the U.S. Borrower, the “Borrowers”), certain other subsidiaries of Holdings, certain lenders party to Amendment No. 3 (as defined below) and Goldman Sachs Lending Partners LLC (the “Administrative Agent”) entered into Amendment No. 3 (“Amendment No. 3”) to that certain First Lien Credit Agreement, dated June 3, 2019
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Ranpak Holdings Corp. filing history →

Source: SEC EDGAR
accession 0001213900-23-046538
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