secwatch.observer — SEC 8-K summary
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Issuer:     OUTFRONT Media Inc. (OUT)
CIK:        0001579877
Form:       8-K
Filed at:   2022-06-02T23:59:59+00:00
Accession:  0001579877-22-000046
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OUTFRONT Media expands AR securitization facility to $150M, extends term to May 2025
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- Borrowing capacity increased from $125M to $150M under amended AR facility.
- Term extended to May 30, 2025 unless further extended.
- Delinquency and termination ratios increased for additional flexibility.
- Remaining terms of agreements substantially unchanged from previous versions.
- Facility continues with MUFG Bank, Ltd. as administrative agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579877/000157987722000046/0001579877-22-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579877/000157987722000046/out-20220601.htm
  HTML page:      https://secwatch.observer/filing/0001579877-22-000046

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer