Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Oportun Financial Corp incurred term loan of $20.8 million of incremental term loans with certain affiliates of Neuberger Berman Specialty Finance as lenders at 1-month term SOFR plus 9.00% plus an amount payable in cash or in kind, at the C maturing September 14, 2026.
- Instrument
- term loan
- Principal
- $20.8 million of incremental term loans
- Counterparty
- certain affiliates of Neuberger Berman Specialty Finance as lenders
- Rate
- 1-month term SOFR plus 9.00% plus an amount payable in cash or in kind, at the C
- Maturity
- September 14, 2026
- Event
- incurrence
Exact text from the filing
On March 10, 2023 (the “Second Amendment Closing Date”), Oportun Financial Corporation (the “Company”) entered into an Amendment No. 2 to Credit Agreement (the “Second Amendment”), by and among the Company, as borrower, the subsidiaries of the Company party thereto as guarantors, certain affiliates of Neuberger Berman Specialty Finance as lenders, and Wilmington Trust, National Association, as administrative agent and collateral agent (the “Agent”), which amended the Credit Agreement, dated as of September 14, 2022 (as amended, supplemented or otherwise modified, including by the Second Amendment, the “Amended Credit Agreement”), by and among the Company, the lenders from time to time party thereto and the Agent. On the Second Amendment Closing Date, the Company borrowed $20.8 million of incremental term loans (the “Incremental Tranche A-1 Loans”) and intends to borrow an additional $4.2 million of incremental term loans (the “Incremental Tranche A-2 Loans”) on or about March 27, 2023,
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Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Oportun Financial Corp reported financial results for the fourth quarter and full year ended December 31, 2022.
- Period
- the fourth quarter and full year ended December 31, 2022
- Result
- reported results
Exact text from the filing
On March 13, 2023, the Company issued a press release regarding the Company’s financial results for its fiscal quarter and full year ended December 31, 2023.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.98
Oportun Financial Corp amended Amendment No. 2 to Credit Agreement with certain affiliates of Neuberger Berman Specialty Finance (effective 2023-03-10).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- certain affiliates of Neuberger Berman Specialty Finance
- Effective
- 2023-03-10
Exact text from the filing
On March 10, 2023 (the “Second Amendment Closing Date”), Oportun Financial Corporation (the “Company”) entered into an Amendment No. 2 to Credit Agreement (the “Second Amendment”), by and among the Company, as borrower, the subsidiaries of the Company party thereto as guarantors, certain affiliates of Neuberger Berman Specialty Finance as lenders, and Wilmington Trust, National Association, as administrative agent and collateral agent (the “Agent”), which amended the Credit Agreement, dated as of September 14, 2022
View on SEC.gov