secwatch.observer — SEC 8-K summary
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Issuer:     Nuvera Communications, Inc. (NUVR)
CIK:        0000071557
Form:       8-K
Filed at:   2022-07-20T23:59:59+00:00
Accession:  0001513162-22-000100
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 1.02, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Nuvera enters $130M senior secured credit facility, refinances existing debt
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- $130M credit facility: $50M initial term loan, $50M delayed draw term loan, $30M revolving credit facility.
- Initial term loan drawn at closing to repay prior credit agreement; delayed draw available through July 2025.
- Term loans mature July 2029; revolver matures July 2027; pricing based on SOFR plus leverage-based margin.
- Loan parties include Nuvera and eight subsidiaries; security interest in substantially all assets.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/71557/000151316222000100/0001513162-22-000100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/71557/000151316222000100/nuvr-20220715.htm
  HTML page:      https://secwatch.observer/filing/0001513162-22-000100

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