Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
OPENLANE, Inc. entered into Credit Agreement with the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent valued at $325,000,000 (effective 2023-06-23).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent
- Value
- $325,000,000
- Effective
- 2023-06-23
Exact text from the filing
On June 23, 2023, OPENLANE, Inc. (the “ Company ”) entered into a Credit Agreement (the “ Credit Agreement ”) among the Company, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent (the “ Administrative Agent ”).
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
OPENLANE, Inc. terminated Original Credit Agreement with the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent (effective 2023-06-23).
- Action
- termination
- Agreement
- credit facility
- Counterparty
- the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent
- Effective
- 2023-06-23
Exact text from the filing
The Original Credit Agreement was terminated substantially concurrently with the Company’s entry into the Credit Agreement and all outstanding amounts and commitments thereunder have been repaid in full and terminated.
View on SEC.gov