secwatch / observer
8-K filed May 2, 2023, 7:59 PM ET ticker INFU CIK 0001337013
debt confidence high sentiment neutral materiality 0.55

InfuSystem Holdings, Inc (INFU): debt financing — InfuSystem extends credit facility to Apr 2028, adds $35M incremental revolver

InfuSystem Holdings, Inc

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

InfuSystem Holdings, Inc amended credit facility with JPMorgan Chase Bank, N.A., as administrative agent at the replacement of LIBOR with Term SOFR as a benchmark interest rate maturing April 26, 2028.

Instrument
credit facility
Counterparty
JPMorgan Chase Bank, N.A., as administrative agent
Rate
the replacement of LIBOR with Term SOFR as a benchmark interest rate
Maturity
April 26, 2028
Event
amendment
Exact text from the filing
On April 26, 2023, InfuSystem Holdings, Inc. (the “Company”) together with its direct and indirect subsidiaries (collectively, the “Borrowers”), entered into a First Amendment to Credit Agreement (the "Amendment") with JPMorgan Chase Bank, N.A., as administrative agent (the “Administrative Agent”) , and the lenders party thereto, which amended the Credit Agreement, dated as of February 5, 2021 (as amended by the Amendment, the “Credit Agreement”) among the Borrowers, the other loan parties party thereto, the lenders party thereto, and the Administrative Agent, providing for, among other things: (i) an extension of the maturity date for the Credit Agreement to April 26, 2028, (ii) the replacement of LIBOR with Term SOFR as a benchmark interest rate, and (iii) an increase of the maximum dollar amount of incremental revolving loans to $35 million.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

InfuSystem Holdings, Inc amended First Amendment to Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent (effective 2023-04-26).

Action
amendment
Agreement
credit facility
Counterparty
JPMorgan Chase Bank, N.A., as administrative agent
Effective
2023-04-26
Exact text from the filing
On April 26, 2023 , InfuSystem Holdings, Inc. (the “Company”) together with its direct and indirect subsidiaries (collectively, the “Borrowers”), entered into a First Amendment to Credit Agreement (the "Amendment") with JPMorgan Chase Bank, N.A., as administrative agent
View on SEC.gov

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Source: SEC EDGAR
accession 0001628280-23-014923
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