secwatch.observer — SEC 8-K summary
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Issuer:     PubMatic, Inc. (PUBM)
CIK:        0001422930
Form:       8-K
Filed at:   2022-10-17T23:59:59+00:00
Accession:  0001422930-22-000048
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PubMatic enters into $110M revolving credit facility maturing 2027, replaces prior facility
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- $110M revolving credit facility with $25M L/C sub-facility and $25M swingline sub-facility; maturity Oct 17, 2027.
- Option to increase commitments by up to $90M subject to lender approval.
- Existing $110M prior credit facility repaid in full and terminated.
- Interest based on SOFR plus 2.00%–2.75% or ABR plus 1.00%–1.75%; commitment fee 0.25%–0.35%.
- Covenants include interest coverage, leverage, and senior leverage ratios; secured by substantially all assets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1422930/000142293022000048/0001422930-22-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1422930/000142293022000048/pubm-20221017.htm
  HTML page:      https://secwatch.observer/filing/0001422930-22-000048

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