secwatch.observer — SEC 8-K summary
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Issuer:     AppLovin Corp (APP)
CIK:        0001751008
Form:       8-K
Filed at:   2023-08-18T23:59:59+00:00
Accession:  0001751008-23-000064
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1751008/000175100823000064/0001751008-23-000064-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1751008/000175100823000064/app-20230818.htm
  HTML page:      https://secwatch.observer/filing/0001751008-23-000064

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