Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Acadian Asset Management Inc. incurred credit facility of up to $200,000,000 with Bank of America, N.A. at Term SOFR plus an applicable margin equal to a range of 1.50% to 2.00% maturing October 28, 2028.
- Instrument
- credit facility
- Principal
- up to $200,000,000
- Counterparty
- Bank of America, N.A.
- Rate
- Term SOFR plus an applicable margin equal to a range of 1.50% to 2.00%
- Maturity
- October 28, 2028
- Event
- incurrence
Exact text from the filing
N.A., as the Administrative Agent. The DDTL Credit Agreement provides for a delayed draw term loan facility in an aggregate principal amount, as of the Closing Date, of up to $200,000,000 (the “Term Facility”). Subject to the satisfaction of customary conditions to borrowing, term loan commitments are available to be drawn in a single borrowing during the period
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Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Acadian Asset Management Inc. incurred credit facility of up to $175,000,000 with Bank of America, N.A. at Term SOFR plus an applicable margin equal to a range of 1.50% to 2.00% maturing October 28, 2028.
- Instrument
- credit facility
- Principal
- up to $175,000,000
- Counterparty
- Bank of America, N.A.
- Rate
- Term SOFR plus an applicable margin equal to a range of 1.50% to 2.00%
- Maturity
- October 28, 2028
- Event
- incurrence
Exact text from the filing
Revolving Credit Agreement provides for senior unsecured revolving credit commitments as of the Closing Date in an aggregate principal amount, as of the Closing Date, of up to $175,000,000 (the “Revolving Facility”). The revolving commitments mature on October 28, 2028. Subject to certain conditions, Acadian LLC may increase the size of the Revolving Facility to an
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