secwatch.observer — SEC 8-K summary
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Issuer:     Oportun Financial Corp (OPRT)
CIK:        0001538716
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001538716-24-000131
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oportun increases PLW II borrowing capacity to $337.1M, interest at SOFR + 3.07%
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- Amendment to Loan and Security Agreement raises borrowing capacity to $337.1 million.
- Borrowings accrue interest at Term SOFR plus a weighted average spread of 3.07%.
- Effective November 1, 2024; subsidiary Oportun PLW II Trust is borrower.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1538716/000153871624000131/0001538716-24-000131-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1538716/000153871624000131/oprt-20241101.htm
  HTML page:      https://secwatch.observer/filing/0001538716-24-000131

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