secwatch / observer
8-K filed February 16, 2024, 6:59 PM ET CIK 0001749704
debt confidence high sentiment neutral materiality 0.50

AGILITI, INC. \DE: debt financing — Agiliti enters $150M accounts receivable securitization facility with MUFG Bank

AGILITI, INC. \DE

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

AGILITI, INC. \DE incurred credit facility of up to $150 million with MUFG Bank, Ltd. maturing February 12, 2027.

Instrument
credit facility
Principal
up to $150 million
Counterparty
MUFG Bank, Ltd.
Maturity
February 12, 2027
Event
incurrence
Exact text from the filing
Agiliti Receivables LLC, a special purpose entity (the “SPV”) that is an indirect subsidiary of Agiliti, Inc. (“Agiliti”), entered into an accounts receivable securitization facility (the “AR Facility”) of up to $150 million with MUFG Bank, Ltd., as administrative agent
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

AGILITI, INC. \DE entered into receivables financing agreement with MUFG Bank, Ltd. valued at up to $150 million (effective 2024-02-14).

Action
entry
Agreement
credit facility
Counterparty
MUFG Bank, Ltd.
Value
up to $150 million
Effective
2024-02-14
Exact text from the filing
On February 14, 2024 (the “Closing Date”), Agiliti Receivables LLC, a special purpose entity (the “SPV”) that is an indirect subsidiary of Agiliti, Inc. (“Agiliti”), entered into an accounts receivable securitization facility (the “AR Facility”) of up to $150 million with MUFG Bank, Ltd., as administrative agent (the “Administrative Agent”) pursuant to a receivables financing agreement, dated as of the Closing Date (the “RFA”), among the SPV, Agiliti Health, Inc., as servicer (the “Servicer”), the Administrative Agent and the group and agents and lenders party thereto.
View on SEC.gov

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Source: SEC EDGAR
accession 0001749704-24-000006
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