secwatch.observer — SEC 8-K summary
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Issuer:     Cambium Networks Corp (CMBMF)
CIK:        0001738177
Form:       8-K
Filed at:   2021-11-18T23:59:59+00:00
Accession:  0001564590-21-057661
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cambium Networks enters $75M credit facility, repays $30.9M existing debt
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- New $75M credit facility: $30M term loan drawn immediately, $45M revolver with $45M accordion.
- Five-year maturity; proceeds used to repay ~$30.9M of existing indebtedness under prior credit agreement.
- Interest rates: Eurodollar rate plus 1.75%-2.25% for term and revolver; commitment fee 0.20%-0.25%.
- Covenants: max consolidated leverage ratio 2.75:1.00, min fixed charge coverage ratio 1.25:1.00.
- Guarantees and security: pledges of equity and substantially all assets of domestic loan parties.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1738177/000156459021057661/0001564590-21-057661-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1738177/000156459021057661/cmbm-8k_20211117.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-057661

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