Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
ALLIENT INC incurred revolving credit of up to $280 million with HSBC Bank USA, National Association, as Administrative Agent at Term SOFR Rate plus a margin of 1.25% to 2.50% or Alternative Base Rate plus a m maturing March 1, 2029.
- Instrument
- revolving credit
- Principal
- up to $280 million
- Counterparty
- HSBC Bank USA, National Association, as Administrative Agent
- Rate
- Term SOFR Rate plus a margin of 1.25% to 2.50% or Alternative Base Rate plus a m
- Maturity
- March 1, 2029
- Event
- incurrence
Exact text from the filing
TD Bank, N.A. and PNC Capital Markets LLC, as Joint Lead Arrangers, and Citizens Bank, N.A., as Syndication Agent. The Revolving Facility replaced the Company’s existing $280 million revolving credit facility (the “Existing Revolving Facility”), dated as of August 23, 2022, by any among the Company, HSBC Bank USA, National Association, as Administrative
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
ALLIENT INC entered into Note Purchase and Private Shelf Agreement with PGIM, Inc. and certain of its affiliates valued at $150 million (effective 2024-03-01).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- PGIM, Inc. and certain of its affiliates
- Value
- $150 million
- Effective
- 2024-03-01
Exact text from the filing
On March 1, 2024, Allient Inc. (the “Company”) entered into a Note Purchase and Private Shelf Agreement (the “Agreement”) by and among the Company, PGIM, Inc. (“Prudential”) and certain of its affiliates (the “Prudential Affiliates”) party thereto.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
ALLIENT INC amended Third Amended and Restated Credit Agreement with HSBC Bank USA, National Association, as Administrative Agent, and the lenders from time to time party thereto valued at $280 million (effective 2024-03-01).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- HSBC Bank USA, National Association, as Administrative Agent, and the lenders from time to time party thereto
- Value
- $280 million
- Effective
- 2024-03-01
Exact text from the filing
On March 1, 2024, Allient Inc. and one of its subsidiaries, Allied Motion Technologies B.V. (together, the “Company”) entered into a Third Amended and Restated Credit Agreement (the “Revolving Facility”) with HSBC Bank USA, National Association, as Administrative Agent, the lenders from time to time party thereto, and HSBC Bank USA, National Association, Wells Fargo Bank, National Association, TD Bank, N.A. and PNC Capital Markets LLC, as Joint Lead Arrangers, and Citizens Bank, N.A., as Syndication Agent.
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