Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Everi Holdings Inc. amended credit facility with Jefferies Finance LLC, as administrative agent at Term Secured Overnight Financing Rate (“Term SOFR”).
- Instrument
- credit facility
- Counterparty
- Jefferies Finance LLC, as administrative agent
- Rate
- Term Secured Overnight Financing Rate (“Term SOFR”)
- Event
- amendment
Exact text from the filing
On June 23, 2023, Everi Holdings Inc. (the “Company” or “Everi”) entered into the first amendment (the “Amendment”) to its existing Credit Agreement, dated August 3, 2021 (the “Original Credit Agreement,” and, as amended, the “Amended Credit Agreement”), among Everi, as borrower, the lenders party thereto and Jefferies Finance LLC, as administrative agent, collateral agent, swing line lender and letter of credit issuer. Under the Amended Credit Agreement, the Term Secured Overnight Financing Rate (“Term SOFR”) will replace the Eurodollar Rate for all purposes under the Original Credit Agreement and under any other Loan Document (as defined therein) on July 1, 2023
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Everi Holdings Inc. amended First Amendment to Credit Agreement with Jefferies Finance LLC valued at Replaced Eurodollar Rate with Term SOFR (effective 2023-06-23).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Jefferies Finance LLC
- Value
- Replaced Eurodollar Rate with Term SOFR
- Effective
- 2023-06-23
Exact text from the filing
On June 23, 2023, Everi Holdings Inc. (the "Company" or "Everi") entered into the first amendment (the "Amendment") to its existing Credit Agreement, dated August 3, 2021 (the "Original Credit Agreement," and, as amended, the "Amended Credit Agreement"), among Everi, as borrower, the lenders party thereto and Jefferies Finance LLC, as administrative agent, collateral agent, swing line lender and letter of credit issuer.
View on SEC.gov