secwatch.observer — SEC 8-K summary
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Issuer:     Ameresco, Inc. (AMRC)
CIK:        0001488139
Form:       8-K
Filed at:   2024-04-10T23:59:59+00:00
Accession:  0001488139-24-000058
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ameresco amends credit facility, extends delayed draw term loan maturity to Aug 2024
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- Remaining $35M delayed draw term loan A due in installments: $5M paid at closing, $7.5M each on May 15, June 15, July 15, Aug 15, 2024.
- Covenant to raise $100M in equity/sub-debt extended from Apr 15 to May 15, 2024; company working with investment bank on subordinated debt.
- Applicable Rate set to Pricing Level 1 until delayed draw term loans are repaid.
- Company must provide weekly liquidity forecasts until delayed draw facility is paid in full.
- Term A loan maturity unchanged at Mar 4, 2025; revolving facility maturity also Mar 4, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1488139/000148813924000058/0001488139-24-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1488139/000148813924000058/amrc-20240410.htm
  HTML page:      https://secwatch.observer/filing/0001488139-24-000058

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