debt
confidence high
sentiment neutral
materiality 0.60
Katapult ups credit facility to $100M with committed and uncommitted increases
Katapult Holdings, Inc.
- Total facility increased from $75M to $100M via 17th amendment to credit agreement.
- $15M committed increase in revolving commitments; $10M uncommitted line added.
- Lenders waived original issue discount payable on the increase.
- Amendment is separate from recently announced non-binding LOI for new credit lines.