secwatch.observer — SEC 8-K summary
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Issuer:     Ameresco, Inc. (AMRC)
CIK:        0001488139
Form:       8-K
Filed at:   2024-07-01T23:59:59+00:00
Accession:  0001488139-24-000127
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ameresco closes $100M second lien term loan with Nuveen, repays existing debt
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- $100M second lien term loan closed with Nuveen; net proceeds ~$97.1M.
- Proceeds used to repay Delayed Draw Term Loan A and reduce revolver (leverage-neutral).
- Interest rate at closing: 11.21% (3M SOFR + 5.875%); maturity June 28, 2029.
- Sixth amendment to Senior Secured Credit Agreement permits the new debt.
- CFO cites competitive rate and long tenor to support growth and acquisitions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1488139/000148813924000127/0001488139-24-000127-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1488139/000148813924000127/amrc-20240628.htm
  HTML page:      https://secwatch.observer/filing/0001488139-24-000127

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer