secwatch.observer — SEC 8-K summary
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Issuer:     LiveVox Holdings, Inc. (—)
CIK:        0001723648
Form:       8-K
Filed at:   2023-04-05T23:59:59+00:00
Accession:  0001723648-23-000028
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LiveVox amends credit agreement; resets revenue covenant, switches to SOFR-based rates
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- Eighth Amendment to Credit Agreement entered March 31, 2023, by subsidiary LiveVox, Inc.
- Resets annual recurring revenue financial covenant beginning with testing period ending March 31, 2023.
- Replaces LIBOR with adjusted SOFR; interest at base rate + 4.00% or adjusted term SOFR + 5.00%.
- PNC Bank, National Association remains administrative agent; other lenders unchanged.
- Amendment modifies existing credit facility; no new principal amount disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1723648/000172364823000028/0001723648-23-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1723648/000172364823000028/lvox-20230331.htm
  HTML page:      https://secwatch.observer/filing/0001723648-23-000028

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