Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
NERDWALLET, INC. incurred revolving credit of $125 million with JPMorgan Chase Bank, National Association, as Administrative Agent maturing September 26, 2028.
- Instrument
- revolving credit
- Principal
- $125 million
- Counterparty
- JPMorgan Chase Bank, National Association, as Administrative Agent
- Maturity
- September 26, 2028
- Event
- incurrence
Exact text from the filing
On September 26, 2023, NerdWallet, Inc., a Delaware corporation (the Company), and three of its wholly owned subsidiaries entered into a Credit Agreement (the Credit Agreement) with JPMorgan Chase Bank, National Association, as Administrative Agent, and a syndicate of lenders. The Credit Agreement provides for a $125 million senior secured revolving credit facility
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.99
NERDWALLET, INC. entered into Credit Agreement with JPMorgan Chase Bank, National Association valued at $125 million senior secured revolving credit facility (effective 2023-09-26).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- JPMorgan Chase Bank, National Association
- Value
- $125 million senior secured revolving credit facility
- Effective
- 2023-09-26
Exact text from the filing
On September 26, 2023, NerdWallet, Inc., a Delaware corporation (the Company), and three of its wholly owned subsidiaries entered into a Credit Agreement (the Credit Agreement) with JPMorgan Chase Bank, National Association, as Administrative Agent, and a syndicate of lenders.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.99
NERDWALLET, INC. terminated Amended and Restated Senior Secured Credit Facilities Credit Agreement dated February 19, 2021 with Silicon Valley Bank valued at Prior credit facility replaced by new Credit Agreement (effective 2023-09-26).
- Action
- termination
- Agreement
- credit facility
- Counterparty
- Silicon Valley Bank
- Value
- Prior credit facility replaced by new Credit Agreement
- Effective
- 2023-09-26
Exact text from the filing
The Credit Facility replaces the Company’s prior credit facility under the Amended and Restated Senior Secured Credit Facilities Credit Agreement dated February 19, 2021 between the Company and Silicon Valley Bank, as administrative agent (the Prior Credit Agreement), which was terminated substantially concurrently with the Company’s entering into the Credit Agreement.
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