Abacus Global Management adds $75M incremental term loans; director resigns

Abacus Global Management, Inc.

Incremental term loans of $75M added, raising total credit facility to $225M.
Interest rate set at SOFR + 5.25%, with stepdown to 5.00% if leverage targets met.
Maturity December 10, 2030; prepayment premium of 1% if prepaid within 12 months.
Director Sean McNealy resigns effective June 30, 2026, due to planned retirement; remains as advisor.
At amendment date, $148.125M was outstanding under the facility.

item 1.01 item 5.02 item 9.01

Executive movements

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Departed

Sean McNealy

director

ABX · Abacus Global Management, Inc.

Effective: 2026-06-30
Filed: July 2, 2026, 4:05 PM ET

On June 30, 2026, Sean McNealy notified the Company of his decision to resign from his role as a director of the Company, effective June 30, 2026, in connection with his planned retirement.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Sean McNealy resigned as director at Abacus Global Management, Inc..

Action: resigned
Role: director

Exact text from the filing

On June 30, 2026, Sean McNealy notified the Company of his decision to resign from his role as a director of the Company, effective June 30, 2026, in connection with his planned retirement.

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Abacus Global Management, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-26-046875

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