secwatch.observer — SEC 8-K summary
======================================

Issuer:     International Money Express, Inc. (IMXI)
CIK:        0001683695
Form:       8-K
Filed at:   2024-08-29T23:59:59+00:00
Accession:  0001683695-24-000140
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

International Money Express enters $425M revolving credit facility, maturing 2029
--------------------------------------------------------------------------------

- New $425M multi-currency revolving credit facility; maturity date August 29, 2029.
- Uncommitted incremental facility of up to $100M available for additional term/revolving loans.
- Proceeds used to repay prior term loan in full and fund general corporate purposes and share repurchases.
- Interest on USD loans: SOFR + 1.75%-2.25% or base rate + 0.75%-1.25%, based on leverage ratio.
- Increased flexibility for restricted payments; no limit if leverage ratio ≤2.50x after pro forma effect.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1683695/000168369524000140/0001683695-24-000140-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1683695/000168369524000140/imxi-20240829.htm
  HTML page:      https://secwatch.observer/filing/0001683695-24-000140

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer