AppLovin enters $1.5B refinancing Amendment No. 9 to Credit Agreement

AppLovin Corp

Entered Amendment No. 9 for refinancing term loans totaling $1.5 billion.
Proceeds used to refinance all outstanding term loans (except those from Amendment No. 6).
New term loans mature August 18, 2030; interest rate floor 50bps for Term SOFR loans.
Applicable margin for Term SOFR Loans is 3.10% (2.00% for base rate loans).
Other terms of new loans are consistent with prior term loans.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

AppLovin Corp amended Amendment No. 9 to Credit Agreement with Bank of America, N.A. valued at $1,500,000,000 refinancing term loans (effective 2023-08-18).

Action: amendment
Agreement: credit facility
Counterparty: Bank of America, N.A.
Value: $1,500,000,000 refinancing term loans
Effective: 2023-08-18

Exact text from the filing

On August 18, 2023, AppLovin Corporation (“AppLovin” or “Company”) entered into Amendment No. 9 (“Amendment No. 9”) to that certain Credit Agreement, dated as of August 15, 2018, by and among AppLovin, as borrower, Bank of America, N.A., as administrative agent and collateral agent, and the other parties thereto

View on SEC.gov

23 material agreements filed in the last 30 days. Browse all material agreements →

AppLovin Corp filing history →

Source: SEC EDGAR

accession 0001751008-23-000064

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.