Corsair Gaming enters new $350M credit facility, repays prior debt

Corsair Gaming, Inc.

New $250M term loan and $100M revolver with Bank of America, maturing September 2026.
Proceeds used to repay all amounts outstanding under the 2017 Prior Credit Agreement.
Interest rate set at LIBOR plus 1.25%-2.0% or base rate plus 0.25%-1.0% based on leverage.
Covenants include max total net leverage ratio and min interest coverage ratio; defaults could accelerate repayment.

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